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7-Eleven 1600 E Main St

3,050 SF Retail Building Allen, TX 75002 £3,334,884 (£1,093/SF) 4.75% Net Initial Yield

Investment Highlights

  • Top-Rated Tenant: 7-Eleven has investment-grade credit, rated ‘A’ by Standard and Poor’s.
  • Fee Simple: Eligible for bonus depreciation – please consult with a CPA.
  • Stable and Recession-Resistant Industry: Provides a consistent income stream.
  • Iconic Brand: 84,000+ locations worldwide, 13,000+ in the United States and Canada.
  • Easy Access: Entrances are located on both cross streets.

Executive Summary

Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,050 SF
Building Class
B
Year Built
2001
Price
£3,334,884
Price Per SF
£1,093
Net Initial Yield
4.75%
NOI
£158,407
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.05 AC
Zoning
PD - Planned Development
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
331 ft on E Main St

Nearby Major Retailers

CrossFit
Premier Martial Arts
Palio’s Pizza Café
Starbucks
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-1515-006-001R-1
Land Assessment
£465,107
Improvements Assessment
£293,869
Total Assessment
£758,977
  • Listing ID: 33708247

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 1600 E Main St, Allen, TX 75002

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