408 N Hampton Rd
Dallas, TX 75208
7-Eleven GL | Very Dense Location · Retail Property For Sale

CBRE and the Net Lease Property Group in Phoenix have exclusively listed the 7-Eleven ground lease for sale at 408 North Hampton Road in Dallas, Texas (The “Property”). The Property is located just south of the heavily traveled Interstate 30, less than 20 minutes from downtown Dallas. The investment consists of an absolute triple-net (NNN) ground lease with 7-Eleven. 7-Eleven has ±8.75 years remaining on an initial 15-year lease. The lease includes 10% rental increases every five years starting after year ten. The Property is made up of ±2,400 rentable square feet on approximately 21,998 square feet of land. 7-Eleven is an American international chain of convenience stores. 7-Eleven has more than 64,000 stores operated, franchised, or licensed in 17 countries. Customers all over the globe recognize their stores as a fast and easy option to purchase hot and cold drinks, prepared foods, and many other products. Like most 7-Eleven locations, this store is open 24 hours per day, allowing it to take full advantage of the heavy vehicle traffic in the area. The Property is strategically positioned on the northeast corner of Hampton Road and Jefferson Boulevard, which have approximately 32,780 vehicles per day total, providing outstanding retail exposure (Source: TXDOT, 2014). Nearby retailers include: CVS, Discount Tire, KFC, Burger King, and Wingstop. Centrally located, this Property takes advantage of being directly across the street from Sunset High School (±2,048 students) (Source: Public School Review, 2018), less than 10 minutes from the Dallas Zoo and being right down the street from the busy Bishop Arts District. It is also surrounded by numerous public parks and golf courses. The current average population within a 3-mile radius is approximately 165,046, with a projected population of ±178,826 in the next 5 years (Source: Esri).