Contacts
Kase Abusharkh
The Kase Group
(925) 348-1844
Property Details
- Property Type Retail - Freestanding
- Property Size 3,324 SF
- Lot Size 0.79 Acre
- Date Updated Apr 4, 2024
Located at the intersection of Historic U.S. Highway 80, Texas Highway 17, and Texas Highway 110 is the City of Grand Saline in Van Zandt County. The city lies approximately an hour east of Dallas and 15 miles north off Interstate 20. Its population according to the 2020 Federal Census is 3,107 residents. Elevation is 400 feet above sea level.
The name of Grand Saline is based on the large salt deposits located in the area. It is often called "The Salt Capital of Texas".This is the opportunity to purchase a long term absolute NNN leased 7-Eleven in Grand Saline, Texas. The lease calls for zero landlord obligations with 7.5% rental increases every 5 years and three, 5 year options to renew. The site benefits being located along U.S Highway 80 and adjacent to Grand Saline City Park.
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Highlights
- Absolute NNN Lease
- Zero Landlord Obligations
- 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
- Bonus Depreciation Benefits
- Income Tax Free State
- Located on U.S Hwy 80
- Adjacent to Grand Saline City Park
Getting around
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39/100
Walk Score ®
-
38/100
Bike Score ®
Powered by Walk Score ®
Location
- City Grand Saline, TX
- Neighborhood Grand Saline
- Zip Code 75140
Points of Interest
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Shamrock
9.59 miles
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Subway
0.01 miles
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Sonic
1.10 miles
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Brookshire's
0.52 miles
In-Depth Research Available for this Property
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Contact Listing Broker
Kase Abusharkh
The Kase Group
(925) 348-1844