7-Eleven | 447 Frontage Road
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7-Eleven 447 Frontage Road
4,650 SF Retail Building Alamo, TX 78516 $8,375,823 CAD ($1,801 CAD/SF) 5.25% Cap Rate
Investment Highlights
- New 15-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years
- Located at the Southeast Corner of E Expy 83 & Tower Rd (112,000+ VPD | 7,800+ Trucks / Day)
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Large Format 7-Eleven Travel Center – New Store Includes a Laredo Taco
- Less than 1.5 Miles East of Mercadome Flea Market, the Largest Flea Market in the Rio Grande Valley
- Alamo | Located in the Rio Grande Valley | RGV Population: 1.4M+
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Year Built
2022
Price
$8,375,823 CAD
Price Per SF
$1,801 CAD
Cap Rate
5.25%
NOI
$439,731 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.64 AC
Nearby Major Retailers
1 of 5
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7-Eleven | 447 Frontage Road
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