3899-3875 W Frontier Pkwy

SRS Capital Markets is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a NNN leased, parking lot investment property located in Prosper, Texas. The parking lot is leased to 7-Eleven for over 14 more years with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.50% rental increases every 5 years throughout the initial term and in the fifth year of each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor. The parking lot is leased to a top-performing 7-Eleven that ranks in the 94th percentile nationally and 95th percentile in Texas for annual visits per Placer.ai.