Convenience Store NN Asset

7-Eleven/Stripes | McAllen, TX

Sands Investment Group is Pleased to Present For Sale the 3,875 SF Convenience Store NN Asset Located in McAllen, Texas. This Deal Includes a Property Remodeled in 2021 With a Brand New 15 Year Lease, Providing For a Secure Investment.

  • Property Remodeled in 2021 With a Brand New 15 Year Lease
  • Fee Simple Ownership of Convenience Stores Qualifies For Accelerated Depreciation
  • Strong Corporate Guarantee – 7-Eleven (S&P Rated AA-) Operates More Than 12,000 Company Owned or Franchised Convenience Stores in North America, Ranking #1 on Entrepreneur Magazine’s “Top 500 Franchises List”
  • Replaceable Rent at $20.65/SF
  • Situated at a Signalized Corner of Nolana and 10th Street With Dual Access From Both Streets; This Location Sees a Combined Traffic Count of 64,260 VPD
  • Texas is an Income Tax Free State
  • Excellent Demographics With a Population of 112,651 Residents Making an Average Household Income of $66,425 Within a 3-Mile Radius; Population Jumps to Over 251,937 Within a 5-Mile Radius
  • Minutes From the Edinburg Conference Center, Rowe High School, McAllen Public Library, Trenton Crossing Shipping Center and the Cornerstone Regional Hospital
  • McAllen is Located at the Southern Tip of Texas in the Rio Grande Valley and is Just 12-Miles From the Mexico Border; It is Part of the Binational Reynosa-McAllen Metropolitan Area That Has a Population of Nearly 1.52 Million
  • Nearby Tenants Include: Walmart Supercenter, Target, Dollar Tree, AutoZone, Goodwill, Planet Fitness, Dairy Queen, IHOP, Office Depot, Barnes & Noble, Starbucks, HEB, Bert Ogden McAllen BMW, Wells Fargo and More

In Cooperation With Sands Investment Group Austin, LLC  Lic. #9004706 – Broker of Record: Max Freedman TX Lic. # 644481

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