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7-Eleven Fueling Station

4621 N 23rd St, McAllen, TX 78504

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The tenant operates under an absolute NNN lease with approximately 12 years remaining in its current option period.

Property Size4,080 SF
Lot Size0.92 Acres
Price / SF$1,001
Days on Market6

Property Features for 4621 N 23rd St

General Information

Standard status Active
Size 4,080 SF
Lot size 0.92 Acres
Property subtype Retail

Financials

Asking Price $4,087,727
Cap Rate 5.5%

Automotive

Automotive Uses fuel station
Convenience Store Yes
Fuel Brand 7-Eleven

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants 7-Eleven, Inc.
Real Estate Included Yes

Additional Details

Road Access Yes

Building Details

Year Built 2002
Tenancy Single
Listing Agency: Matthews
Listed By: Kevin Puder · License #01949749
Source: Crexi
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 5:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Rey
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Investment Insights

Based on property information with market context.

A 7-Eleven (Stripes) convenience store and fuel station occupies a 4,080-square-foot building constructed in 2002 on approximately 0.92 acres. The property is leased on an absolute NNN basis. The tenant recently began its second 12-year option period, with approximately 12 years remaining, and is backed by 7-Eleven, Inc., which carries an S&P rating of A.

The site is at the corner of N 23rd St and Buddy Owens Blvd in McAllen, Texas. The street address is 4621 N 23rd St.

Key Highlights

  • 7‑Eleven (Stripes) convenience store and fuel station
  • 4,080 SF building constructed in 2002
  • Approximately 0.92‑acre corner site at N 23rd St and Buddy Owens Blvd

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Western Union Bank Laredo Taco Company Restaurant 7-Eleven Grocery & Convenience Store Stripes Grocery & Convenience Store Valero Gas Station

Suggested Use

Top Pick Building Supply Auto Parts Store Kitchen & Bath Showroom Garden Center Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,278
Businesses Nearby

Demographics for 78504, TX

56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Gas station - The tenant operates under an absolute NNN lease with approximately 12 years remaining in its current option period.
Where is this gas station located?
The property is located at 4621 N 23rd St McAllen, TX.
What is the asking price?
The asking price for this property is $4,087,727.
What are key features of this property?
This property features: 7‑Eleven (Stripes) convenience store and fuel station; 4,080 SF building constructed in 2002; Approximately 0.92‑acre corner site at N 23rd St and Buddy Owens Blvd
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