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1302 West Henderson Street

Iowa-based LLC Sells 7-Eleven Retail Property In Cleburne Texas For $2.3M
SOLDRetail

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

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.

Players

Tim Speck

Marcus & Millichap

Broker

$262M

vol

21 deals

Broker

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