New Development 7-Eleven | DFW MSA
8400 St Hwy 121 S
McKinney, TX 75070
- 14.5 Years Remaining on Absolute Net Lease – 2017 Construction
- 7.5% Rent Increases Every 5 Years
- Investment Grade Tenant (S&P: AA-)
- Located on State Highway 12 (+/- 74,000 VPD)
- Entrance to Award Winning Craig Ranch Development
- McKinney, Texas – Affluent, High Growth, North Dallas Suburb
Trinity REIS is pleased to present a New Development 7-Eleven property in McKinney, TX. The subject property was completed in December of 2017 leaving over 14 years on the primary term. The lease features 7.5% rent increases every 5 years throughout the primary term as well as four extension options of 5-Years each.
The Subject Property is located in the Craig Ranch development, an award-winning, master-planned community featuring over 2,200 acres of residential, retail, entertainment, and mixed-use commercial. Situated along the Sam Rayburn Tollway (TX-121), the subject property benefits from significant traffic and is centrally situated in a rapidly growing region.
McKinney, Texas is 35 miles north of Dallas in Collin county. The Dallas-Fort Worth-Arlington MSA is the 4th largest in the nation, and Collin county is the fastest growing county in Texas and among the leaders in the US. McKinney has experienced exponential growth over the last 20 years and is expected to continue this aggressive growth for the next 20 years. Money Magazine names McKinney as its #1 Best Place to Live in America in 2014, and WalletHub rated it as the #2 Best Real Estate Market in the country in 2017.