1223 McCormick St | Denton, TX 76201
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- LoopNet Team
1223 McCormick St
Denton, TX 76201
7-Eleven · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant Commitment to Location | Recent 5-Year Lease Extension| Roughly 5.4 Years Remaining on an Original 15-Year NNN Lease
- Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
- 10% Rental Increases Every Five (5) Years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
2,880 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.89 AC
Zoning
C - Commercial
Frontage
PROPERTY TAXES
| Parcel Number | R35284 | Improvements Assessment | $476,600 |
| Land Assessment | $653,400 | Total Assessment | $1,130,000 |
PROPERTY TAXES
Parcel Number
R35284
Land Assessment
$653,400
Improvements Assessment
$476,600
Total Assessment
$1,130,000
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