Property Name

7-Eleven Evolution Store

GLA 7,313 SF

Percent Leased 100% Leased

Property Description

7-Eleven signed a 15-year absolute net corporate lease for a convenience and fuel location across from the only TopGolf in Dallas, TX.  The tenant held a grand opening at the Property for it’s exciting and transformational Evolution Store on March 24, 2021.  Positioned on 1.38 acres of land on the urban infill hard corner of Abrams Road and Park Lane, this location is 7-Eleven’s third Evolution Store in DFW, and only the fourth in the State of Texas.  7-Eleven Evolution Stores offer an assortment of exclusive products and services customized to the neighborhoods they serve, including a Laredo Taco Company restaurant with drive-thru, mobile checkout via the 7-Eleven mobile app, on-demand delivery and an expanded selection of wines and craft beers.  The 7-Eleven Evolution Store also offers customer classics such as Big Gulp®, Slurpee®, Big Bite® and convenient grab & go food options.  In addition to indoor dining, the Property marks the first ever 7-Eleven drive-thru with a direct connection to the authentic Laredo Taco Company.  7-Eleven Evolution Store features two (2) highly visible digital pylon signs, a car wash adjacent to the drive-thru and neighborhood-specific murals on interior and exterior walls hand painted by local artists.    The Property benefits from a compelling location shadow anchored by Super Target and among many other national retailers along Abrams Road.  The lease features 10% rent escalations every 5 years with five, 5-year renewal options and zero landlord responsibilities.