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CPALL sells 7-Eleven in Cleburne, Texas at low-5% cap rate

CPALL sold a 7-Eleven fueling asset in Cleburne, TX in the low 5% cap rate range, with about 10 years remaining on the lease term.

CPALL

Bonus Depreciation Is Compressing 7-Eleven Cap Rates in Texas and Florida.

A Cleburne, TX fueling asset traded in the low 5% range with just 10 years of lease term is evidence that tax-motivated cash buyers are repricing mid-term net lease product.7-Eleven in Cleburne, TX Sells in the Low 5% Cap Ra…