7-ELEVEN

Representative photo

Address: 100 Louise Ritter, Red Oak, TX 75154

Price: $3,941,000

NOI: $187,205

Building Size: +/- 3,061 SF

Lot Size: +/- 1.18 Acres

Type: Single-Tenant / Retail

RUSSELL SMITH

214.915.8890

BOB MOORHEAD

214.915.8890


 

Investment Overview

Investment Overview: 7-Eleven is located at the southeast corner of Central Blvd. (12,000 VPD) and Louise Ritter Dr. (8,000 VPD) in Red Oak, TX. Central Blvd. is a north-south thoroughfare that carries significant traffic and serves as a main entrance to I-35 (95,000 VPD). The subject property is located in Red Oak’s “Community Core” District which is currently expanding and benefitting from an aggressive vision plan that includes downtown development, increased transportation, and improved land use. Additionally, the site will benefit as it is adjacent to both Red Oak High School (1,878 students) and Texas State Technical College (375 students). Notable national tenants within 3-miles of the subject property include, Walmart, Walgreen’s, CVS, Brookshire's, AutoZone, O’Reilly, O’Reilly, ACE, Valero, Shell, McDonald’s, Whataburger, Sonic, Burger King, Dickey’s, Wing Stop, Panda Express, Pizza Hut, and many more. Red Oak is located in north Ellis County, approximately 18-miles south of Dallas, TX.