7-Eleven 2400 S McColl Rd 4,650 SF Retail Building McAllen, TX 78503 $5,736,060 ($1,233.56/SF) 5% Cap Rate

Marcus & Millichap is pleased to present for sale this Absolute NNN Fee Simple 7-Eleven located at 2400 S. McColl Road in McAllen, Texas. Built in 2022, the property features a 4,650-square-foot freestanding convenience store situated on a large 1.79-acre parcel.
Strategically located at the hard-corner, signalized intersection of S. McColl Road and E. Yuma Avenue, the site benefits from exceptional visibility and convenient access. The property is surrounded by key regional drivers, including McAllen International Airport, La Plaza Mall—South Texas’ premier shopping destination with more than 184 retailers—and South Texas Health System, a 441-bed medical facility. The immediate area is supported by a dense residential population, with nearby apartment communities such as Stonewood Domit Apartments, Mosaic Lofts, Avanti Legacy, Villa Regale, and Mirabella Apartments generating steady daily foot traffic. Additionally, South Texas College (26,000+ enrolled students) and Rio Grande Valley College further enhance the area’s daytime population and demand for essential retail.
McAllen is the most populous city in Hidalgo County and a core part of the Reynosa-McAllen-Edinburg-Mission Metropolitan Area, which has a population exceeding 1.5 million. Consistently recognized by Forbes and Brookings as one of the “Top Recession-Proof Cities in the Country,” McAllen benefits from a diverse and resilient economy fueled by cross-border commerce, healthcare, higher education, and retail.
7-Eleven, Inc. signed a new 15-year lease commencing in August 2023, leaving approximately 13 years of remaining term. The lease features 7.5% rental increases every five years and includes five additional five-year renewal options. It is backed by a corporate guarantee from 7-Eleven, Inc., offering investors a passive, long-term income stream with no landlord responsibilities.
Headquartered in Irving, Texas, 7-Eleven, Inc. is the leading global convenience store brand, with more than 13,000 locations across the United States and Canada. The company is owned by Seven & I Holdings, a multinational retail conglomerate based in Japan that also oversees brands such as Speedway, Stripes, Laredo Taco Company, and Raise the Roost.