Iowa-based LLC Sells 7-Eleven Retail Property In Cleburne Texas For $2.3M
1302 West Henderson Street
Building Size
4,088 SF
Asset Type
Retail
Closing
Aug 17, 2026
About this deal
AI
An Iowa-based LLC sold the 4,088-square-foot, net-leased 7-Eleven located at 1302 W. Henderson St. in Cleburne, Texas. The retail property, built in 2021, sits on 1.12 acres and has nearly 10 years remaining on its lease. It ranks among the top 2.5% of 7-Eleven locations nationwide.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 4,088
- Address: 1302 West Henderson Street
- Market: Cleburne, TX
- Acres: 1.12
Marcus & Millichap was involved in brokering the transaction, represented by Timothy Nichols and Tim Speck. Their expertise facilitated this sale transaction for the retail property.
On the Map
Retail
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Players
Cleburne Retail Market Snapshot
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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