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Auto Service - Gas-Conv

7 Eleven

1406 Corsicana Hwy, Hillsboro, TX 76645

Listing Price: $1,850,000

Cap Rate
7.71%
Tenant Name
7 Eleven
Years Remaining On Lease
3.0
Gross SF
3,244
Guarantor
Corporate Guarantee
Rentable SF
3,244
Price/Gross SF
$570.28
Lease Type
Absolute Net
Rent Per Square Feet
$42.77

Investment Overview

Unique opportunity to reposition this property with 7-Eleven informing landlord they will be closing down this location in April, 2024, and will continue to make their rent payments until lease term ends June, 2027.

Investment Highlights

  • Existing corporate lease with 7 Eleven with "fee simple" interest
  • Large monumental sign visible from Interstate 35
  • Owner/user or redevelopment opportunity

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Service - Gas-Conv

7 Eleven

Listing Price: $1,850,000

Cap Rate
7.71%
Tenant Name
7 Eleven
Years Remaining On Lease
3.0
Gross SF
3,244
Guarantor
Corporate Guarantee
Rentable SF
3,244
Price/Gross SF
$570.28
Lease Type
Absolute Net
Rent Per Square Feet
$42.77

Investment Highlights

  • Existing corporate lease with 7 Eleven with "fee simple" interest
  • Large monumental sign visible from Interstate 35
  • Owner/user or redevelopment opportunity

Investment Overview

Unique opportunity to reposition this property with 7-Eleven informing landlord they will be closing down this location in April, 2024, and will continue to make their rent payments until lease term ends June, 2027.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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