7 Eleven

2920 N Westmoreland Rd, Dallas, TX 75212

  • For Sale $4,556,329
  • Property Type Retail - Freestanding
  • Property Size 3,060 SF
  • Units 1
  • Lot Size 1.02 Acre
  • Property Tenancy Single Tenant
  • Year Built 2020
  • Date Updated Mar 18, 2024
Discover the vibrant surroundings of this prime Dallas location, surrounded by a dynamic mix of business and leisure amenities. Minutes away from the Design District, this area boasts a thriving art scene, upscale dining options, and unique retail offerings. Nearby, the Dallas Market Center offers a central hub for trade events and merchandise mart, attracting a steady stream of business professionals. With easy access to major highways and downtown Dallas, the area provides a strategic advantage for office investors seeking a prime location with abundant amenities and growth potential.ACRE Investment Real Estate Services is proud to present this Absolute NNN investment occupied by a corporate-leased 7-Eleven. The lease terms are 15 years starting in January 2020, with 10% rent increases every 5 years and four 5-year option periods. The 3,060 SF free-standing building is located in the thriving Dallas area. The starting CAP rate is 4.85%, increasing to 5.3% in 2026.

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Highlights

  • 15-Year Absolute NNN Lease - 11 Years Remaining
  • CAP Rate Increases to 5.33% in 2026
  • 10% Rent Increase Every 5 Years
  • High Traffic Counts
  • 5 Miles from Downtown Dallas
  • Dense Infill Location

Contacts

broker

Craig Stewart

ACRE Investment Real Estate Services

(760) 230-8014

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent
  • Transit Score ®

    45/100 Some Transit
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Dallas, TX
  • Neighborhood Fort Worth Ave
  • Zip Code 75212
  • Market Dallas Fort Worth

Points of Interest

  • Medical/Market Center

    2.89 miles

  • Beckley

    3.24 miles

  • 6th Street

    3.35 miles

  • Southwestern Medical District/Parkland

    3.39 miles

  • Market Center

    3.41 miles

  • Oakenwald

    3.44 miles

  • Bishop Arts

    3.49 miles

  • Greenbriar

    3.55 miles

  • Victory

    3.61 miles

  • Tyler/Vernon

    3.72 miles

  • 7-Eleven

    1.00 miles

  • Shell

    1.47 miles

  • Murphy USA

    1.63 miles

  • Valero

    1.71 miles

  • Conoco

    1.76 miles

  • Valero

    2.27 miles

  • Exxon

    2.48 miles

  • Shell

    2.59 miles

  • Texaco

    2.60 miles

  • Chevron

    2.66 miles

  • Faculty Parking Lot 1

    2.93 miles

  • Children's Medical Center Visitor & Staff Parking Garage

    3.01 miles

  • W1 Outpatient Garage

    3.04 miles

  • Faculty Garage 1

    3.05 miles

  • Medical District Garage

    3.06 miles

  • Staff Garage 2

    3.07 miles

  • Staff Lot 8

    3.08 miles

  • Parking Garage

    3.10 miles

  • POB 1 Faculty, Staff, & Visitor Garage

    3.12 miles

  • Visitor Garage A

    3.15 miles

  • Olive Garden

    0.81 miles

  • Buffalo Wild Wings

    0.86 miles

  • KFC

    0.95 miles

  • Da Munchies

    0.96 miles

  • McDonald's

    1.01 miles

  • Juanita's Taquería

    1.11 miles

  • Don Pepe's

    1.17 miles

  • Sonic

    1.45 miles

  • KFC

    1.46 miles

  • Taco Bell

    1.46 miles

  • Aldi

    1.42 miles

  • Jerry's Super Market

    1.53 miles

  • Walmart Supercenter

    1.74 miles

  • Ross

    1.85 miles

  • Tom Thumb #3614

    2.61 miles

  • Super Mercado Monterrey

    3.09 miles

  • La Michoaca

    3.25 miles

  • Fiesta

    3.31 miles

  • The Weed Spot

    3.39 miles

  • Kroger

    3.57 miles

Frequently Asked Questions

What is the lease rate for 7 Eleven?

Rental asking rate at 7 Eleven is $2,278,164.50/YR.

What is the total square footage of 7 Eleven?

7 Eleven totals 3,060 square feet.

When was this property built?

7 Eleven was built in 2020.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Craig Stewart

ACRE Investment Real Estate Services

(760) 230-8014