7-Eleven | Newly Extended NNN Lease

Highlights:

• 7-Eleven Corporate Lease - Backed by a corporate lease with 7-Eleven, the world’s largest convenience store chain with 83,000+ locations and investment-grade credit.
• Tenant Recently Extended Lease - 7-Eleven recently exercised a 5-year extension, signaling strong store performance and commitment to the location.
• High-Traffic Corner - Located at the intersection of N Town East Blvd (±19,755 VPD) and near Hwy 80 (64,000+ VPD), with excellent visibility and access.
• Strong Employment Base Nearby - Near PepsiCo’s 450,000 SF bottling plant (650 employees), plus FedEx, UPS, Eastfield College, and Mesquite ISD (38k+ students).
• NNN Lease – Zero Landlord Responsibilities - Absolute NNN lease with 6 years of term remaining and no landlord responsibilities — ideal for passive investors.
• Attractive Yield in DFW Metro - Offered at a compelling cap rate relative to similar assets in Dallas-Fort Worth, one of the fastest-growing metros in the U.S.
• Dense Surrounding Demographics - Over 335,000 residents within a 5-mile radius and just 2 miles from Town East Mall, a 1.2M SF regional shopping destination.
• Located in Vibrant, Growing Submarket - Part of Mesquite (pop. ~150,000), a Dallas suburb known as the “Rodeo Capital of Texas” with expanding economic and cultural activity.

Description:

Surmount is pleased to present the exclusive listing for a 7-Eleven located at 3801 N Town East Blvd, Mesquite, TX 75150. The site consists of roughly 2,661 rentable square feet of building space on an estimated 0.5-acre parcel of land. This 7-Eleven is subject to a Triple Net (NNN) lease that commenced 2/19/1988 under an initial 15-year term and has since been extended through 12/31/2031. The current annual rent is $99,000 and has scheduled increases of 10.00% in options.

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