This listing is under contract.

For Sale: 7-Eleven Ground Dallas, TX | $1,222,222 | Very Dense Location

408 N Hampton Rd Dallas, TX 75208

408 N Hampton Rd, Dallas, TX, 75208
408 N Hampton Rd, Dallas, TX, 75208
UNDER CONTRACT FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
$1,222,222
Cap Rate:
4.50%
Last Verified:
Jun 28, 2019

  • Well located single-tenant absolute triple-net (NNN) ground lease with 7-Eleven. 7-Eleven has ±8.75 years remaining on an initial 15-year lease.
  • 7-Eleven has more than 64,000 stores operated, franchised, or licensed in 17 countries.
  • The intersection of Hampton Rd and W Jefferson Blvd sees ±32,780 vehicles per day (Source: TXDOT, 2014).
  • Low rent and price point in a very dense Dallas location.
  • The Property is located within a close vicinity of major national tenants including CVS, Discount Tire, KFC, Burger King, and more.
  • There are over 45,000 employees within 3 miles of 7-Eleven and over 271,00 in a 5-mile radius (Source: Esri).

Additional URLs

Map of 408 N Hampton Rd, Dallas, TX, 75208

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.