Auto Service - Gas-Conv
7-Eleven - Convenience Store + Gas Station
1600 E Main St, Allen, TX 75002
Listing Price: $4,261,053
Investment Overview
Corporate-Guaranteed Lease with No Landlord Responsibilities Remaining Through October 2039; Highly Recognized Dual Branding With 7-Eleven Convenience and Exxon Fuel.
Contractual Rental Escalations Provide Predictable Growth With Four, 5-Year Renewal Options Extending Potential Term Through 2059.
Nearby Retailers Include Walmart Supercenter, Target, ALDI, HomeGoods, Marshalls, Petco, Academy Sports + Outdoors, Raising Cane’s, Chick-fil-A, and Market Street.
Daily-needs business model anchored by fuel and convenience retail, supporting consistent consumer demand. Top percentile location for chain (Exxon) in Texas and Nationwide.
Located in Allen, TX — One of the Fastest- Growing Suburbs in the DFW Metroplex; Strong Demographics and Regional Connectivity via US-75 and Sam Rayburn Tollway (SH-121).
Minutes From Allen Premium Outlets (115+ Stores), The Village at Allen, Watters Creek, and Fairview Town Center — Drawing Significant Regional Shopping Foot Traffic.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Listing Price: $4,261,053
Investment Highlights
- 14 YEAR ABSOLUTE NET
- 10% INCREASES EVERY 5 YEARS
- SURROUNDED BY NATIONAL RETAILERS
- ESSENTIAL CONVENIENCE RETAIL
- PRIME NORTH DALLAS SUBMARKET
- MAJOR RETAIL DESTINATION AREA
Investment Overview
Corporate-Guaranteed Lease with No Landlord Responsibilities Remaining Through October 2039; Highly Recognized Dual Branding With 7-Eleven Convenience and Exxon Fuel. Contractual Rental Escalations Provide Predictable Growth With Four, 5-Year Renewal Options Extending Potential Term Through 2059. Nearby Retailers Include Walmart Supercenter, Target, ALDI, HomeGoods, Marshalls, Petco, Academy Sports + Outdoors, Raising Cane’s, Chick-fil-A, and Market Street. Daily-needs business model anchored by fuel and convenience retail, supporting consistent consumer demand. Top percentile location for chain (Exxon) in Texas and Nationwide. Located in Allen, TX — One of the Fastest- Growing Suburbs in the DFW Metroplex; Strong Demographics and Regional Connectivity via US-75 and Sam Rayburn Tollway (SH-121). Minutes From Allen Premium Outlets (115+ Stores), The Village at Allen, Watters Creek, and Fairview Town Center — Drawing Significant Regional Shopping Foot Traffic.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
