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
thank you
Your email has been sent!
7-Eleven Abs NNN High Income Area 14441 Eldorado Pky
3,042 SF Retail Building Frisco, TX 75035 $5,995,000 ($1,971/SF) 5.06% Cap Rate
Investment Highlights
- Absolute NNN
- Strong growth area - approximately 25% over last five years
- Average Household Income: $195,000
- 7.5% Rental Increases every five years
- Half a block from Heritage High School (2,000+/- students)
- Tax Free State
Executive Summary
The area is upper income with average household income at $195,000. The lease features 7.5% rental increases every five years during the primary lease term and during the four 5-year extension options. The property may qualify for 15 year and/or bonus depreciation (contact your CPA for details). Frisco, Texas is in the Dallas-Fort Worth area and has been experiencing tremendous growth of approximately 25% over the last five years.
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Feb 2034
In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Feb 2034 |
-
Chris Thompson -
IREA, Inc.
Presented by
7-Eleven Abs NNN High Income Area | 14441 Eldorado Pky
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.