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7-Eleven 694 Ovilla Rd 4,824 SF Retail Building Red Oak, TX 75154 $7,976,000 ($1,653.40/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- 2025 Construction. 4,824+/- SF Building on 1.862+/- Acre Site
- Positioned in Main Trade Corridor Anchored by Walmart, Walgreens, Chick-fil-A, McDonald’s, Starbucks, Brookshire’s, & More
- 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
- Exceptional Visibility & Access – At Signalized Intersection on E Ovilla Rd (17,540+ VPD), Less than 1 Mile from I-35 (83,800+ VPD)
- Adjacent to Google’s $600M, 285,000 SF Red Oak Data Center – Part of a $2.7B Texas Investment Creating 1,230+ Jobs
- Red Oak | 20 Minutes from Downtown Dallas | Red Oak Population: 20,605+; MSA Population: 8.3M+
EXECUTIVE SUMMARY
Brand New 15-Year Corp. NNN Lease with 10% Rental Increases Every 5 Years in Primary Term and Option Periods
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,824 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$7,976,000
Price Per SF
$1,653.40
Cap Rate
5%
NOI
$398,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.86 AC
Zoning
F1 - Commercial
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7-Eleven | 694 Ovilla Rd
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