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
2.8
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
Financing By
Listing Price: $1,850,000
Cap Rate
7.71%
Tenant Name
7 Eleven
Years Remaining On Lease
2.8
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
Financing By
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