Listing Agency: Secure Net Lease e***@gmail.com Show Phone

Listed By: Edward Benton · License #TX 557247

Source: Crexi

Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 3:56PM

Report an Issue

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 Secure Net Lease

Investment Insights

Based on property information with market context.

The offering is a 7-Eleven grocery and convenience store at 694 East Ovilla Road in Red Oak, Texas. The property is adjacent to Google’s Red Oak Data Center and carries a 5.00% cap rate.

Key Highlights

• Adjacent to Google’s Red Oak Data Center
• 5.00% cap rate
• Located at 694 East Ovilla Road, Red Oak, TX 75154

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Building Supply Pharmacy

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

Location Intelligence

Trade Area within ½ mile

286

Businesses Nearby

44k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 64% Dining 34% Hotels & Casinos 2%

Shell Shops & Services

28,072 visits/mo 0.4 miles

Wendy's Dining

14,975 visits/mo 0.4 miles

Motel 6 Red Oak Hotels & Casinos

1,060 visits/mo 0.4 miles

Demographics for 75154, TX

45,894

Population

17,170

Households

2.7

Avg Household Size

36

Median Age

31%

College-Educated

88%

High-School Grad

47.8 sq mi

ZIP Area

960

Density / Sq Mi

$96,150

Median Household Income

$48,112

Median Earnings

$1,446

Median Rent

$296,000

Median Home Value

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Mixed-Use Property with Storage

601 Houston School Road, Red Oak, TX 75154

$665,000

0.68 Acres

View details

Updated Office Building

329 N State Highway 342, Red Oak, TX 75154

$190,000

704 SF

View details

Flexible Multi-Suite Commercial Building

429 N State Highway 342, Red Oak, TX 75154

$425,000

988 SF

View details

Freestanding Retail Building

276 Lesliewood, Red Oak, TX 75154

$799,900

0.29 Acres

View details

Two-Suite Office Building

429 N State Highway 342, Red Oak, TX 75154

$425,000

0.23 Acres

View details

Updated Office Building

329 N State Highway 342, Red Oak, TX 75154

$190,000

0.21 Acres

View details

Catering Kitchen with Equipment

421 Buckskin Dr, Red Oak, TX 75154

Contact for pricing

7,000 SF

View details

Mobile Home Park with Houses

404 S Interstate 35 Rd Unit 2, Red Oak, TX 75154

$3,000,000

1,544 SF

View details

Updated Two-Unit Duplex

104 North Hillside Street, Red Oak, TX 75154

$325,000

1,828 SF

View details

Mobile Home Park With Houses

404 S Interstate 35 Road, Red Oak, TX 75154

$3,000,000

5.02 Acres

View details

Mixed-Use Property with Warehouse

1222 JACKSON ST, Red Oak, TX 75154

Contact for pricing

1.10 Acres

View details

Single-Family Home on One Acre

3708 Highway 77, Red Oak, TX 75165

$800,000

1.00 Acre

View details

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Grocery and convenience store adjacent to Google’s Red Oak Data Center.

Where is this grocery and convenience store located?

The property is located at 694 East Ovilla Road Red Oak, TX.

What are key features of this property?

This property features: Adjacent to Google’s Red Oak Data Center; 5.00% cap rate; Located at 694 East Ovilla Road, Red Oak, TX 75154