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7-Eleven 1600 E Main St

3,050 SF Retail Building Allen, TX 75002 $4,262,105 ($1,397/SF) 4.75% Cap Rate

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
$4,262,105
Price Per SF
$1,397
Cap Rate
4.75%
NOI
$202,450
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
1.05 AC
Zoning
PD - Planned Development
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
331 FT on E Main St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-1515-006-001R-1
Land Assessment
$594,424
Improvements Assessment
$375,576
Total Assessment
$970,000
  • Listing ID: 33708247

  • Date on Market: 10/31/2024

  • Last Updated:

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

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