For Sale
$3,391,304

802 Highway 110 N Whitehouse, TX 75791

NNN Leased 7-Eleven; High Traffic Area

Overview

Added:
Jan 27
Days on market:
85
This exceptional investment opportunity presents a 7-Eleven property located at 802 Highway 110 N, Whitehouse, TX 75791. The property boasts a 2,546 square foot building situated on a 0.49-acre lot. This is an absolute NNN lease, meaning zero landlord obligations, providing a passive income stream. The lease includes 7.5% rental increases every five years and three five-year renewal options, ensuring long-term financial stability. The property benefits from a high-traffic location along Texas Highway 110, with an estimated 17,000 vehicles passing daily. Its proximity to the Whitehouse Town Center Shopping Mall, just 0.4 miles away, further enhances its visibility and desirability. The property's investment type is classified as Investment NNN. The current net operating income is $195,000. The asking price is $3,391,304. This offering presents a compelling investment opportunity in a strong retail location within an income tax-free state, offering potential bonus depreciation benefits. The tenant, 7-Eleven, is considered an investment-grade tenant.

Highlights

  • Exceptional NNN lease with zero landlord responsibilities.
  • High-traffic location on Highway 110, seeing 17,000 vehicles daily.
  • Prime investment opportunity near Whitehouse Town Center Shopping Mall.

Property Details for 802 Highway 110 N

Property type
Retail properties, Investment properties
Square Feet
2,546 SF
Price / Square Foot
$1,332.01
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
21,257 SF
Units
1
Net Operating Income
$195,000

Location Insight

City
Whitehouse
County
State
Texas

FAQs

What type of property is this?
Retail property - NNN Leased 7-Eleven; High Traffic Area
Where is the retail property located?
The property is located at 802 Highway 110 N Whitehouse, TX.
What is the asking price?
The asking price for this property is $3,391,304.
What are key features of this property?
This property features: Exceptional NNN lease with zero landlord responsibilities.; High-traffic location on Highway 110, seeing 17,000 vehicles daily.; Prime investment opportunity near Whitehouse Town Center Shopping Mall.
How can I contact the broker?
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802 Highway 110 N
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