INVESTMENT OFFERING
SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased 7-Eleven located in the North Dallas suburb of McKinney, Texas. This exceptional investment is secured by an absolute triple net (NNN) lease with over 10 years of remaining term along with 10% increases every 5 years and five 5-year options.
7-Eleven currently operates roughly 12,500 locations in the USA and is the world’s largest convenience store operator. With an A credit rating from S&P and a Baa2 rating from Moody’s, 7-Eleven is considered an investment grade tenant.
Strategically located in the rapidly growing McKinney with 15% population growth in the last 5 years, the property benefits from superior visibility, an adjacent location to a Walmart SuperCenter and access with traffic counts exceeding 20,000 vehicles per day. The nearby surrounding retail space includes national tenants such as WalMart SuperCenter, Chick-fil-A, Dunkin Donuts and many others.
With its strong real estate fundamentals, triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.
- 7-Eleven in McKinney, TX | Approximately 30 miles north of Dallas
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Investment Grade Credit Tenant, Corporate Guarantee | 7-Eleven Credit Rating: A (S&P) and Baa2 (Moody’s)
- Strong Reported Sales | Speak to Broker
- Structured Hedge Against Inflation | 10% Increases Every 5 Years
- Significant Lease Term Remaining | Over 10 Years Remaining in Base Term w/ Five; 5-Year Renewal Options
- Signalized Corner Location | Lake Forest Dr & McKinney Ranch Pky Intersection Sees Over 20,000 Vehicles Per Day
- National Retailers Located Nearby |Walmart SuperCenter, Dunkin Donuts,, Chick-fil-A and Many More
- Robust Local Population Growth | 15% Increase in 5 Mile Radius from 2020 to 2024 and 22% Projected Increase from 2024 to 2029
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
7-Eleven | $3,646,500 | 5.00% | Absolute NNN | 3,130 | Available |