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7-Eleven | Triple Net (NNN) Lease

$5,682,222

SEC Price Rd & Paredes Line Rd, Brownsville, TX 78521

Pending
Last Updated: 09/20/2021

4.5

Cap Rate

255,700

NOI

Details:
Cap Rate:    4.5%
NOI:    $255,700
Building Size:    4,650 sqft
Lot Area:    1.83 acres
Lease Type:    Triple Net
Year Built:    2020
Price Per Sqft:    $1,222
Roof & Structure:    Tenant's Responsibility
HVAC:    Tenant's Responsibility
Repairs & Maintenance:    Tenant's Responsibility
Highlights:
  • Brand New 2020 Construction 15 Year Triple Net (NNN) Lease Set to Open 2021
  • Zero Landlord Responsibilities Which Allows an Investor the Opportunity For a Passive Income Stream With Strong 10% Rental Increases Every 5 Years
  • Strong Corporate Guarantee – 7-Eleven Has Over 69,000 Locations Worldwide and Boasts a Credit Rating of AA- (S&P Rated)
  • Property Sits on the Corner of East Price Road and Paredes Line Road With Dual Access From Both Roads With a Combined Traffic Count of Over 35,600 VPD
  • Dense Population With Over 114,375 Residents Within a 3-Mile Radius
  • Less Than 3-Miles From the Texas Southmost College Serving Over 10,000 Students
  • Minutes From Several Schools and the Brownsville ISD Administrative Buildings Providing Ample Foot Traffic to This Location
  • Texas is a State Income Tax Free State
  • Located 25 Minutes Away From Matamoros, Mexico With a Population of 450,000 Residents
  • Nearby Tenants include: Dairy Queen, Jack in the Box, Burger King, Spectrum, Subway, USPS, Harbor Freight, Guitar Center, Domino’s, T-Mobile and FedEx
  • Today Brownsville is the Largest City in the Rio Grande Valley With a Population of 183,823 and it Covers Nearly 150 Square Miles and Has 350-Miles of Paved Streets; With an Assessed Valuation of More Than $5 Billion, the City Has Nearly Quadrupled Its Wealth in the Past 15 Years; Brownsville Hosts Thousands of Tourists Each Year
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,650 SF SF 7-Eleven Located at SEC Price Road & Paredes Line Road in Brownsville, Texas. This Deal Includes a Brand New 15 Year Lease, Providing For a Great Investment Opportunity. 






In Cooperation With Sands Investment Group Austin, LLC Lic. # 9004706

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