534 East Garland Street Grand Saline, TX 75140
A long term absolute NNN leased 7-Eleven in Grand Saline, Texas
Property size:
3,324 SFLot size:
0.79 AcresPrice / SF:
$994/SF- Added:
- Jan 24, 2025
- Days on Market:
- 455
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 534 East Garland Street
General Information
- Standard status
- Active
- Property type
- Other retail properties, Individual retail properties, Retail properties & Spaces
- Size
- 3,324 SF
- Elevators
- N/A
- Lot size
- 0.79 Acres
- Net Operating Income
- $190,000
Building Details
- Buildings
- 1
- Stories
- 1
Listing agent Kase (925) 348-1844
Listing office The Kase Group - Corporate (925) 348-1844
Listing date Jan 24, 2025
Overview
NNN Leased 7-Eleven Investment
This property features a 3,324 square foot building on a 0.79-acre lot. It is an absolute NNN leased 7-Eleven convenience store located in Grand Saline, Texas. The lease agreement features zero landlord obligations, providing a passive income stream. Rental increases of 7.5% are built into the lease every five years. The lease includes three, five-year renewal options. The property benefits from a high-traffic location along U.S. Highway 80 and proximity to Grand Saline City Park. It is located at the intersection of U.S. Highway 80, Texas Highway 17, and Texas Highway 110. Grand Saline is located approximately one hour east of Dallas and 15 miles north of Interstate 20. According to the 2020 census, the city's population is 3,107 residents. The tenant, 7-Eleven, has an S&P rating of "A". The property offers tax advantages, including bonus depreciation benefits and the benefit of being located in a state with no income tax.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
7-Eleven
Grocery & Convenience Store
Western Union
Bank
Exxon
Gas Station
Location Insight
- Map
- Local Demand
- City
- Grand Saline
- County
- Van Zandt
- State
- Texas
- Longitude
- -95.702777
- Latitude
- 32.674023
Nearby Similar for Sale
FAQs
What type of property is this?
Other retail property - A long term absolute NNN leased 7-Eleven in Grand Saline, Texas
Where is this other retail property located?
The property is located at 534 East Garland Street Grand Saline, TX.
What is the asking price?
The asking price for this property is $3,304,347.
What are key features of this property?
This property features: Absolute NNN Lease; Zero Landlord Obligations; 7‑Eleven is an Investment Grade Tenant (S&P Rating “A”)
