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Absolute NNN Leased 7-Eleven 534 E Garland St

3,324 SF 100% Leased Retail Building Grand Saline, TX 75140 £2,703,009 (£813/SF) 5.50% Net Initial Yield

Investment Highlights

  • Absolute NNN Lease
  • 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
  • Bonus Depreciation Benefits
  • Zero Landlord Obligations
  • Income Tax Free State

Executive Summary

This is the opportunity to purchase a long term absolute NNN leased 7-
Eleven in Grand Saline, Texas. The lease calls for zero landlord
obligations with 7.5% rental increases every 5 years and three, 5 year
options to renew. The site benefits being located along U.S Highway 80
and adjacent to Grand Saline City Park.

Attachments

7-Eleven - Grand Saline, TX

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,324 SF
Building Class
C
Year Built
1990
Price
£2,703,009
Price Per SF
£813
Net Initial Yield
5.50%
NOI
£148,665
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.10
Land Acres
0.79 AC
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534 E Garland St, Grand Saline, TX - aerial map view

PROPERTY TAXES

Parcel Number R000013422 Improvements Assessment £326,094
Land Assessment £148,282 Total Assessment £474,376

PROPERTY TAXES

Parcel Number
R000013422
Land Assessment
£148,282
Improvements Assessment
£326,094
Total Assessment
£474,376
(925) 348-1844

  • Listing ID: 33434169

  • Date on Market: 07/10/2024

  • Last Updated:

  • Address: 534 E Garland St, Grand Saline, TX 75140

The Retail Property at 534 E Garland St, Grand Saline, TX 75140 is currently available For Sale. Contact The Kase Group for more information.

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534 E Garland St, Grand Saline, TX for sale Building Photo- Image 1 of 3
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© 2024 CoStar Group

Absolute NNN Leased 7-Eleven | 534 E Garland St
(925) 348-1844 x

Absolute NNN Leased 7-Eleven | 534 E Garland St

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Kase Abusharkh

(925) 348-1844

(925) 348-1844

Welcome Wilson

(925) 231-1770

(925) 231-1770

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