Zack House Mark Ruble & Chris Lind Of Marcus & Millichap Sell 7-Eleven In Alice For $7.3M
1910 East Main Street
$7,300,000
$1,497/SF
Building Size
4,874 SF
Asset Type
Retail
Closing
Aug 27, 2026
About this deal
AI
A newly built 4,874-square-foot 7-Eleven convenience store and gas station was sold for $7,300,000 at 1910 East Main Street, located in Alice, Texas. The property represents a retail asset within the regional market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,300,000
- Square Footage: 4,874
- Price Per Square Foot: $1,498
- Address: 1910 East Main Street
- Market: Alice, TX
Zack House, Mark Ruble, and Chris Lind from Marcus & Millichap represented the buyer, an Arizona LLC, and coordinated with the seller, a Texas limited partnership, throughout the transaction process.
Players
Saint Maries 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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93