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|Last Updated Date||07 Jul 2020|
JLL is pleased to offer for sale a freestanding 7-Eleven located in Dallas’ rapidly-growing Deep Ellum neighborhood. With construction completed in March 2020, the tenant is operating on a brand new 20-year NNN lease with regular increases, providing a secure stream of cash flows backed by 7-Eleven’s investment-grade credit (S&P: ‘AA-’).
Deep Ellum, a concentrated cultural epicenter within a booming greater Dallas market, continues to emerge as one of the city’s hottest neighborhoods. The asset’s unrivaled location will allow investors the rare opportunity to capitalize on the area’s strong real estate momentum coupled with an elite credit profile, brand new construction and ideal net lease fundamentals.
- Fee simple interest
- Rare 20-year NNN lease with zero landlord responsibilities
- Investment grade tenancy from the global C- store leader
- Brand new construction with hard corner positioning
- Centrally located in a dense deep Ellum Trade Market