Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Convenience Store NNN Lease Title is generated by Realmo AI

    710 West Pleasant Run Road, Lancaster, TX 75146

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Fresh Stop is offered with a long-term absolute NNN lease and an LLC guaranty, providing a net-lease investment structure.

    Type:Retail
    Property size:
    1,602 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $2,283/SF
    Added:
    May 27, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 2:31 am

    Property Features for 710 West Pleasant Run Road

    General Information

    Standard status
    Active
    Size
    1,602 SF
    Lot size
    0.45 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1967

    We can help!

    Listing Contact
    Chris Bosworth
    Chris Bosworth

    Listing agent Chris Bosworth License #GA 248342

    Listing office CBRE - Atlanta

    Listing date May 27, 2026

    Source Crexi

    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 CBRE - Atlanta

    HighLights

    • 1,602 SF Fresh Stop on 0.45 acres in Lancaster, TX (Dallas, TX MSA)
    • At closing, property will have an individual 20‑year absolute NNN lease
    • LLC guaranty from Madison Capital Group LLC included with the lease
    • 2.00% annual rent increases through the primary term and each of four 5‑year renewal options
    • Year built: 1967

    Overview

    CBRE is pleased to offer for sale Fresh Stop, a 1,602-square-foot convenience retail property on 0.45 acres in Lancaster, Texas (Dallas, TX MSA). The offering includes the property’s existing configuration as a Fresh Stop-branded convenience location.

    At closing, Fresh Stop will execute an individual 20-year absolute NNN lease. The lease includes a guaranty from Madison Capital Group LLC and provides for 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options.

    This structure is suited for investors seeking a long-duration, absolute NNN convenience retail asset with contractual rent growth and a named guarantor. Because the lease is designed as an absolute NNN arrangement, the property is positioned to operate on a net-lease basis under the terms established at closing.
    Location Intelligence

    Current Use by Public Records

    Henderson Chicken Restaurant Shell Gas Station

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.74722
    Latitude
    32.603325

    Nearby Similar for Sale

    • $425,000

      Retail Building with Three Suites

      Three-suite retail building with current short-term leases and additional space available for flexible occupancy plans.
      1010 N Dallas Avenue N, Lancaster, TX 75146
      View Details
    • $160,000

      Flexible Commercial Building with Backyard

      Versatile interior layout with multiple rooms and an oversized backyard, ideal for a range of small business concepts.
      509 E 3rd Street, Lancaster, TX 75146
      View Details
    • $515,000

      Residential Property with Acreage

      Country retreat on 4.85 acres with a 3-bedroom home, open layout, and wood-burning fireplace for flexible outdoor living.
      1542 W Reindeer, Lancaster, TX 75146
      View Details
    • $429,900

      Full Duplex Investment Opportunity

      Well-maintained, fully leased duplex offers updated interiors and strong immediate income potential.
      1433 N Bluegrove Road, Lancaster, TX 75134
      View Details
    • $1,060,062
      8,125 SF

      Dollar General in Lancaster, Texas

      Single-tenant Dollar General property with long-term tenant commitment.
      2253 W Belt Line Rd, Lancaster, TX 75146
      View Details
    • $160,000

      Versatile Commercial Property Near Downtown

      Adaptable commercial space with potential for various business ventures.
      509 E 3rd Street, Lancaster, TX 75146
      View Details
    • $13,500,000
      114,440 SF

      Lancaster Industrial Park Value-Add Opportunity

      Multi-tenant industrial park with value-add potential in Lancaster, Texas.
      1500-1504 S I-35E & 3105 Lomita Dr, Lancaster, TX 75146
      View Details
    • Contact for pricing
      34,650 SF

      Value-Add Office Asset Opportunity

      Multi-tenant office building with income and value-add potential.
      1425 N Dallas Ave, Lancaster, TX 75134
      View Details
    • $1,950,000
      24,399 SF

      Lancaster Warehouse Property for Sale

      24,399 SF warehouse/industrial property in Lancaster, Texas.
      1630 N IH 35E, Lancaster, TX
      View Details
    • $1,700,000
      15,690 SF

      Lancaster Warehouse Space For Sale

      15,690 SF warehouse space available in Lancaster, Texas.
      1616 N I-35E, Lancaster, TX
      View Details
    • Contact for pricing
      3,900 SF

      Lancaster Office Building For Sale

      3,900 SF office building on 1.52 acres.
      3136 Danieldale Rd, Lancaster, TX
      View Details
    • $2,000,000
      19,190 SF

      Lancaster Warehouse with Office Space

      19,190 SF warehouse with office, heavy power, expandable parking.
      301 E Pecan St, Lancaster, TX
      View Details

    FAQs

    What type of property is this?
    Gas station - Fresh Stop is offered with a long-term absolute NNN lease and an LLC guaranty, providing a net-lease investment structure.
    Where is this gas station located?
    The property is located at 710 West Pleasant Run Road Lancaster, TX.
    What is the asking price?
    The asking price for this property is $3,657,800.
    What are key features of this property?
    This property features: 1,602 SF Fresh Stop on 0.45 acres in Lancaster, TX (Dallas, TX MSA); At closing, property will have an individual 20‑year absolute NNN lease; LLC guaranty from Madison Capital Group LLC included with the lease
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chris Bosworth
    Chris Bosworth
    Real Estate License ID: GA 248342
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    710 West Pleasant Run Road, Lancaster, TX 75146
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!