About This Restaurant
Investment Highlights
Brand New 15-Yr Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Years, and (5), Five-Year Options Large Format 7-Eleven: Building is Over 6,000 SF/4.83 AC & Features 2 Restaurant Concepts: Raise the Roost Chicken & Laredo Taco 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World Dense Trucking Area: Located at the Intersection of Market St (27,655+ VPD) & FM-485 (3,824+ VPD) Subject Property is Adjacent to a Love?s Travel Stop Which Saw Over 1.2M Customers Last Year, Many Other Tenants Along the Corridor Hearne | 20 Miles North of College Station | Population: 4,421+
Executive Summary
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Convenience Store Convenience Store General Retail Fast Food General Retail Restaurant General Retail Service Station Convenience Store
- Building Size 6,050
- Year Built 2023
- Price 9,196,000
- Price Per SF 1,520
- Cap Rate 5.10
- NOI 468,977
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 4.83 AC
| Date Created: | 2024-07-16 04:23:41 | Last Updated: | 2024-07-16 04:23:41 |
| Address: | 1637 N Market St , Hearne, Texas, 77859 | ||