7Eleven 195 Acres — Sale in Glenn Heights, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Glenn Heights, TX 75154
Investment Figures
- Cap rate
- 5.30%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Offered for sale is a newly constructed, corporate-operated 7-Eleven located in Glenn Heights, Texas, within the Dallas–Fort Worth MSA, secured by an Absolute Net lease with 11.8 years remaining on the initial 15-year term. The lease features 7.5% rent increases every five years and four additional five-year extension options, providing defined contractual escalations and long-term income visibility. Built in 2022, the property consists of a 4,250-square-foot freestanding convenience store situated on 1.95 acres and improved with a modern fuel canopy serving 12 fueling positions, designed to support high-volume fuel operations and efficient vehicle circulation. Investment Highlights: • Absolute Net Lease With 11.8 Years Remaining • New Construction 4,250-SF Facility on 1.95 Acres • Signalized Hard-Corner Location at Ovilla Rd and Uhl Rd (20,652 VPD) | Direct Access to I-35 (98,021 VPD) • Affluent 5-Mile Trade Area | $106,648 Average Household Income • 31 Percent Population Growth Since 2010 | Additional 7 Percent Projected Through 2030 (5-Mile Radius) • 7-Eleven, Inc. (S&P: A) | 84,000+ Locations Worldwide • DFW Metro Growth & Stability | #1 U.S. Metro for Population Growth • Adjacent to 300-Unit Class A Multifamily and 36,000-SF Mixed-Use Retail Developments.
Market Context
This retail in Glenn Heights, TX is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Glenn Heights, TX — view the full market.
Contact
- Jake Stammen · (972) 755-5209 · jake.stammen@marcusmillichap.com
- Vincent Knipp · (972) 755-5205 · vincent.knipp@marcusmillichap.com
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