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2800 N 10th St
McAllen, TX 78501
Stripes · Retail Property For Sale
Investment Highlights
- Top-Rated Tenant: 7-ELEVEN (STRIPES) | Corporate-guaranteed lease (7-Eleven, Inc.) with investment-grade credit (S&P: A)
- High Traffic: Situated at the high-traffic intersection of N 10th St (+25,778) and Greenville Hwy (+4,627 VPD).
- Hedge Against Inflation: Includes 10% rental increases in the three 5-year options to renew.
- Iconic Brand: Stripes Convenience Stores is owned by 7-Eleven, Inc., the world’s largest convenience store chain with over 83,000 locations.
- Absolute NNN Lease: Absolute NNN lease offering a passive and reliable stream of income.
- Lower Rent/Price Point: This site has a long time term operational history and is paying much lower rent than longer term new construction sites.
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,419 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.52 AC
Zoning
CO
Parking
18 Spaces (2.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | H2550-00-010-0013-03 | Improvements Assessment | $271,003 |
| Land Assessment | $522,720 | Total Assessment | $793,723 |
Property Taxes
Parcel Number
H2550-00-010-0013-03
Land Assessment
$522,720
Improvements Assessment
$271,003
Total Assessment
$793,723
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