This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

7-Eleven 1637 N Market St

6,050 SF Retail Building Hearne, TX 77859 £7,255,644 (£1,199/SF) 5.10% Net Initial Yield

Investment Highlights

  • 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+
  • 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

Executive Summary

Brand New 15-Yr Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Years, and (5), Five-Year Options

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,050 SF
Year Built
2023
Price
£7,255,644
Price Per SF
£1,199
Net Initial Yield
5.10%
NOI
£370,023
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Land Acres
4.83 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000304-001672
Land Assessment
£233,754
Improvements Assessment
£1,299,224
Total Assessment
£1,532,978
  • Listing ID: 30907995

  • Date on Market: 02/10/2023

  • Last Updated:

  • Address: 1637 N Market St, Hearne, TX 77859

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}