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JLL is pleased to offer for sale the fee-simple interest in a freestanding 7-Eleven (the “Property” or “Asset”) located in Dallas’ rapidly-growing Deep Ellum neighborhood. With construction completed in March 2020, the tenant has 19 years remaining on their rare original 20-year absolute NNN lease, providing a secure stream of cash flow 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.
- Rare original 20-year lease with 19 years of term remaining
- Zero landlord responsibilities
- Investment grade tenancy from global C-Store leader
- Brand new construction with hard corner positioning
- Centrally located in a dense Deep Ellum trade market