2416 McColl rd | McAllen, TX 78503
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2416 McColl rd
McAllen, TX 78503
New 7-Eleven (Stripes) | 15 Yr Abs. NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc.
- New High-Quality 2023 Construction with Eight Fueling Stations (Four Pumps)
- Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- 212,710 Residents within a Five-Mile Radius with Households and Population Projected to Increase 8-10 Percent in the Immediate Area by 2027
- Laredo Taco Company (7-Eleven's Mexican Restaurant Brand) is Located Inside the Convenience Store
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.79 AC
Zoning
CO
PROPERTY TAXES
| Parcel Number | Y4860-00-000-0001-00 | Improvements Assessment | $724,699 |
| Land Assessment | $389,426 | Total Assessment | $1,114,125 |
PROPERTY TAXES
Parcel Number
Y4860-00-000-0001-00
Land Assessment
$389,426
Improvements Assessment
$724,699
Total Assessment
$1,114,125
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