Auto Service - Gas-Conv
7-Eleven (1.95 Acres)
760 E FM 664, Glenn Heights, TX 75154
Listing Price: $5,627,000
Investment Overview
Offered for sale is a newly constructed, corporate-operated 7-Eleven located in Glenn Heights, Texas, within the Dallas–Fort Worth MSA, secured by an Absolute Net lease with 11.8 years remaining on the initial 15-year term. The lease features 7.5% rent increases every five years and four additional five-year extension options, providing defined contractual escalations and long-term income visibility. Built in 2022, the property consists of a 4,250-square-foot freestanding convenience store situated on 1.95 acres and improved with a modern fuel canopy serving 12 fueling positions, designed to support high-volume fuel operations and efficient vehicle circulation.
Investment Highlights
- Absolute Net Lease With 11.8 Years Remaining
- New Construction 4,250-SF Facility on 1.95 Acres
- Signalized Hard-Corner Location at Ovilla Rd and Uhl Rd (20,652 VPD) | Direct Access to I-35 (98,021 VPD)
- Affluent 5-Mile Trade Area | $106,648 Average Household Income
- 31 Percent Population Growth Since 2010 | Additional 7 Percent Projected Through 2030 (5-Mile Radius)
- 7-Eleven, Inc. (S&P: A) | 84,000+ Locations Worldwide
- DFW Metro Growth & Stability | #1 U.S. Metro for Population Growth
- Adjacent to 300-Unit Class A Multifamily and 36,000-SF Mixed-Use Retail Developments.
Exclusively Listed By
Listing Price: $5,627,000
Investment Highlights
- Absolute Net Lease With 11.8 Years Remaining
- New Construction 4,250-SF Facility on 1.95 Acres
- Signalized Hard-Corner Location at Ovilla Rd and Uhl Rd (20,652 VPD) | Direct Access to I-35 (98,021 VPD)
- Affluent 5-Mile Trade Area | $106,648 Average Household Income
- 31 Percent Population Growth Since 2010 | Additional 7 Percent Projected Through 2030 (5-Mile Radius)
- 7-Eleven, Inc. (S&P: A) | 84,000+ Locations Worldwide
- DFW Metro Growth & Stability | #1 U.S. Metro for Population Growth
- Adjacent to 300-Unit Class A Multifamily and 36,000-SF Mixed-Use Retail Developments.
Investment Overview
Offered for sale is a newly constructed, corporate-operated 7-Eleven located in Glenn Heights, Texas, within the Dallas–Fort Worth MSA, secured by an Absolute Net lease with 11.8 years remaining on the initial 15-year term. The lease features 7.5% rent increases every five years and four additional five-year extension options, providing defined contractual escalations and long-term income visibility. Built in 2022, the property consists of a 4,250-square-foot freestanding convenience store situated on 1.95 acres and improved with a modern fuel canopy serving 12 fueling positions, designed to support high-volume fuel operations and efficient vehicle circulation.
Exclusively Listed By