Private New York Investor Acquires 7-Eleven Retail Property In Cleburne Texas At Low Cap Rate
1302 East Henderson Street
Building Size
4,088 SF
Asset Type
Retail
Closing
Sep 3, 2026
About this deal
AI
A private New York investor purchased a single-tenant 7-Eleven located at 1302 East Henderson Street in Cleburne, TX. The retail asset spans 4,088 square feet and is situated on 1.12 acres. The transaction occurred at a low-5% cap rate, with 10 years remaining on a corporate-guaranteed absolute NNN lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Market: Cleburne, TX
- Asset Size: 4,088 square feet
- Acres: 1.12
- Broker: Luke Thomson - NX3 Commercial Group
The deal was characterized by the all-cash buyer's focus on the fueling site, which was targeted for its bonus-depreciation benefits. Additionally, tax advantages are influencing cap-rate compression for 7-Eleven properties.
On the Map
Retail
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Players
Cleburne Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93