Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    101 State Highway 31 W Chandler, TX 75758

    View on Map
    Sponsored
    For Sale
    $4,173,913

    High-yield NNN leased 7-Eleven in Chandler, TX.

    Property size:
    8,500 SF

    Property Features for 101 State Highway 31 W

    General Information

    Property type
    Other retail properties
    Square Feet
    8,500 SF
    Price / Square Foot
    $491
    Elevators
    N/A
    Lot Size
    3,134,621,160 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    Overview

    NNN Leased 7-Eleven Investment

    This investment opportunity features a 7-Eleven property located in Chandler, Texas. The property has a 15-year absolute NNN lease with zero landlord obligations, offering passive income potential. The lease is corporately guaranteed by 7-Eleven, a company with an investment-grade credit rating (S&P: AA-). The lease includes 7.5% rental increases every five years and three, five-year options to renew. The 8,500 square foot building is situated on a 71,961-acre lot along State Highway 31 in Chandler, located in the northeast corner of Henderson County, Texas. Chandler provides access to Tyler (11 miles east) and Athens (24 miles southwest). The property consists of one unit and is classified as an Investment NNN property. The property's size and location make it an investment for those seeking long-term, passive income generation with minimal management responsibilities. The corporate guarantee and lease terms provide security and predictability for future cash flow.

    We can help!

    Listing Contact
    Kase Abusharkh

    Learn more

    Property Insight Report

    HighLights

    • 15‑year absolute NNN lease with zero landlord responsibilities.
    • 7‑Eleven corporate guarantee; investment‑grade credit (S&P: AA-).
    • Strategically located along State Highway 31 in Chandler, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Bank 7-Eleven Grocery & Convenience Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    State
    Texas
    Longitude
    -95.480501
    Latitude
    32.307445

    Nearby Comparable

    • $500,000

      Land Available on State Highway

      Land for sale on State Highway 31, Chandler, TX.
      State Highway 31, Chandler, TX 75758
      View Details
    • $4,173,913
      8,500 SF

      Chandler, TX 7-Eleven NNN Lease

      15-year absolute NNN lease with zero landlord obligations.
      101 State Highway 31 W, Chandler, TX 75758
      View Details
    • $500,000
      3.54 Acres

      Prime Chandler Land - Hwy 31

      3.54 Acres, Ready for Development
      0 State Highway 31, Chandler, TX 75758
      View Details
    • $3,625,000

      Land Tract in Chandler, Texas

      Large acreage tract with city utilities, near Dallas.
      611 West Main St, Chandler, TX 75758
      View Details
    • $4,165,217
      8,000 SF

      Chandler, TX 7-Eleven For Sale

      NNN leased 7-Eleven in strong Texas market.
      820 State Highway 31 E, Chandler, TX 75758
      View Details
    • Contact for pricing
      1,333 SF

      Chandler Office Center - Hwy 31

      Move-in ready office space, high visibility.
      522 B St Hwy 31, Chandler, TX 75758
      View Details
    • $674,000
      1,760 SF

      Secluded Barndominium on 15 Acres

      Custom barndominium on 15 acres near Chandler, Texas.
      1000 W Main St, Chandler, TX 75758
      View Details
    • $1,075,000
      40.04 Acres

      Chandler Ranch with Rolling Acres

      40-acre ranch within city limits, featuring a rustic homestead.
      12701 Fm 2010, Chandler, TX 75758
      View Details
    • $1,075,000
      2,100 SF

      Texas Ranch with Rustic Homestead

      40-acre Chandler, TX ranch featuring a charming rustic homestead.
      12701 Fm 2010, Chandler, TX 75758
      View Details
    • Contact for pricing
      24.99 Acres

      Chandler, TX Development Opportunity

      25-Acre Multifamily/Single-Family Subdivision Potential
      21980 Barron Dr, Chandler, TX 75758
      View Details
    • $225,000
      2.79 Acres

      Chandler, TX Acreage with Utilities

      2.8-acre property in Chandler, TX with mature trees and utilities.
      2441 Fm 315, Chandler, TX 75758
      View Details

    Nearby Similar for Sale

    • $1,075,000
      2,100 SF

      Texas Ranch with Rustic Homestead

      40-acre Chandler, TX ranch featuring a charming rustic homestead.
      12701 Fm 2010, Chandler, TX 75758
      View Details
    • $1,075,000
      40.04 Acres

      Chandler Ranch with Rolling Acres

      40-acre ranch within city limits, featuring a rustic homestead.
      12701 Fm 2010, Chandler, TX 75758
      View Details
    • $674,000
      1,760 SF

      Secluded Barndominium on 15 Acres

      Custom barndominium on 15 acres near Chandler, Texas.
      1000 W Main St, Chandler, TX 75758
      View Details
    • $9,995,000
      650.00 Acres

      Lake Palestine Waterfront Ranch Property

      650-acre ranch with lake frontage near Chandler, Texas.
      County Road 3411, Chandler, TX 75758
      View Details
    • $9,995,000
      650.00 Acres

      Lake Palestine Waterfront Ranch

      650-acre ranch with lake frontage near Tyler and Athens, TX.
      Cr-3411, Chandler, TX 75758
      View Details
    • $4,165,217
      8,000 SF

      Chandler, TX 7-Eleven For Sale

      NNN leased 7-Eleven in strong Texas market.
      820 State Highway 31 E, Chandler, TX 75758
      View Details
    • $4,173,913
      8,500 SF

      Chandler, TX 7-Eleven NNN Lease

      15-year absolute NNN lease with zero landlord obligations.
      101 State Highway 31 W, Chandler, TX 75758
      View Details
    • $4,043,478
      3,191 SF

      7-Eleven Investment Opportunity in Chandler, TX

      NNN Leased 7-Eleven with Corporate Guarantee
      2110 Fm 315 S, Chandler, TX 75758
      View Details
    • Contact for pricing
      1,333 SF

      Chandler Office Center - Hwy 31

      Move-in ready office space, high visibility.
      522 B St Hwy 31, Chandler, TX 75758
      View Details

    FAQs

    What type of property is this?
    Other retail property - High-yield NNN leased 7-Eleven in Chandler, TX.
    Where is this other retail property located?
    The property is located at 101 State Highway 31 W Chandler, TX.
    What is the asking price?
    The asking price for this property is $4,173,913.
    What are key features of this property?
    This property features: 15-year absolute NNN lease with zero landlord responsibilities.; 7-Eleven corporate guarantee; investment-grade credit (S&P: AA-).; Strategically located along State Highway 31 in Chandler, Texas.
    (925) 348-1844
    Request Owner's contact information
    101 State Highway 31 W Chandler, TX 75758
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 State Highway 31 W
    Chandler, TX 75758
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 State Highway 31 W Chandler, TX 75758
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kase Abusharkh
    (925) 348-1844
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!