openPR Logo
Press release

Hanley Investment Group Facilitates Sale of Single-Tenant 7-Eleven in South Texas

07-02-2025 02:02 PM CET | Industry, Real Estate & Construction

Press release from: ABNewswire

Hanley Investment Group Facilitates Sale of Single-Tenant

MCALLEN, Texas - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a single-tenant, 2,240-square-foot 7-Eleven convenience store located on a 0.19-acre parcel at 1020 South 23rd Street in McAllen, Texas.

Hanley Investment Group's Vice Presidents Garrett Wood and Brad Dessy, in association with ParaSell, Inc., represented the seller, a New York-based investment company. Hanley Investment Group generated multiple qualified offers and closed escrow in just 29 days with an all-cash buyer from Northern California. The buyer was represented by Blake Wagenseller of Matthews Real Estate Investment Services.

Built in 1977, the property has operated as a convenience store for more than 47 years at this location. The new owner holds a 12-year absolute net lease. The lease features 10% rental increases every five years and includes four five-year options, each with 10% rental increases.

Situated along South 23rd Street, an average of 19,000 cars per day pass by the site. It is less than a quarter mile from the onramp to Interstate 2, which has a traffic count of 145,000 cars per day. The immediate trade area includes more than 222,000 people and 74,000 households within a five-mile radius. In addition, the property is less than two miles from a popular destination that attracted more than one million annual visitors in 2024.

"7-Eleven demonstrates the resilience of internet-resistant retail," said Wood. "Their business model, centered on immediate convenience and capturing impulse buys for everyday essentials, snacks and drinks, ensures a stable revenue stream that simply cannot be replicated online. It's a consistently sought-after asset for investors."

Wood added, "The sale of this 7-Eleven underscores the strong market demand for high-quality, essential retail assets. With its absolute net lease and strong investment-grade credit, 7-Eleven offers a truly passive income stream, positioning it as a reliable, long-term performer for investors."

About Hanley Investment Group

Celebrating 20 years, Hanley Investment Group Real Estate Advisors is a real estate brokerage and advisory services company with a $12 billion transaction track record that specializes in the sale of retail properties nationwide. Our expertise, proven track record, and unwavering dedication to putting clients' needs first set us apart in the industry. Hanley Investment Group creates value by delivering exceptional results through the use of property-specific marketing strategies, cutting-edge technology, and local market knowledge. Our nationwide relationships with investors, developers, institutions, franchisees, brokers, and 1031 exchange buyers are unparalleled in the industry, translating into maximum exposure and pricing for each property. With unmatched service, Hanley Investment Group has redefined the experience of selling retail investment properties. For more information, visit www.hanleyinvestment.com [http://www.hanleyinvestment.com/].

Media Contact
Company Name: Hanley Investment Group Real Estate Advisors
Contact Person: Garrett Wood, Vice President
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=hanley-investment-group-facilitates-sale-of-singletenant-7eleven-in-south-texas]
Phone: 512.712.3657
Address:3500 East Coast Highway, Suite 100
City: Corona del Mar
State: California
Country: United States
Website: https://hanleyinvestmentgroup.com/

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hanley Investment Group Facilitates Sale of Single-Tenant 7-Eleven in South Texas here

News-ID: 4089748 • Views:

More Releases from ABNewswire

Veltry Law, PC Gets Traffic Citation Points Dismissed and Massively Reduces Fines in Nassau and Suffolk Counties of Long Island, New York
Veltry Law, PC Gets Traffic Citation Points Dismissed and Massively Reduces Fine …
Islip, NY - Oct 27, 2025 - Veltry Law, PC, 309 Main St #1, Islip, NY 11751 [https://wwfvlaw.com/] (631) 234-5678, a respected Long Island, New York law firm, is proud to announce they are continuing the practice of reducing fines and erasing suspended license citations for traffic ticket offenses and aggravated unlicensed operation (AUO) in Suffolk and Nassau counties of Long Island, New York at their new location. 700+ 5-Star
Brookscraft Publishing: Trusted Book Publishing Company Helping Authors Achieve Amazon Bestseller Success
Brookscraft Publishing: Trusted Book Publishing Company Helping Authors Achieve …
Brookscraft Publishing, a trusted book publishing company with over 12 years of experience, helps authors achieve Amazon Bestseller success through complete self-publishing services-ghostwriting, editing, design, printing, and marketing. With bestselling titles across genres, Brookscraft empowers authors with transparent, professional publishing and global visibility. Visit brookscraftpublishing.com to begin your journey. October 27, 2025 - For over 12 years, Brookscraft Publishing has been a leading book publishing company, dedicated to helping authors publish
La' James International College to Attend Fort Dodge Career Fair 2025
La' James International College to Attend Fort Dodge Career Fair 2025
La' James International College (LJIC), a leader in the state of Iowa for beauty and wellness programs, is excited to announce its participation in the Fort Dodge Career Fair 2025, scheduled for October 30th, 2025, from 10 AM to 12 PM. Des Moines, Iowa - October 27th, 2025 - La' James International College (LJIC), a leader in the state of Iowa for beauty and wellness programs [https://ljic.edu/october-a-month-of-career-fairs-for-la-james-international-college/], is excited to announce
Awkward Recovery Challenges Austin's Hustle Culture with a Real-World Approach to Sobriety
Awkward Recovery Challenges Austin's Hustle Culture with a Real-World Approach t …
If you're trying to get sober in Austin, you've probably heard the same advice a thousand times: "Just stop drinking." "Take it one day at a time." "You need to focus on yourself." Cool. But what about your restaurant shift tonight? What about the tech deadline that's already overdue? What about the fact that your entire social life revolves around Rainey Street and everyone's always "just meeting for drinks"? Here's what nobody

All 5 Releases


More Releases for Investment

ST Investment Co., Ltd: Pioneering the Global Investment Trend
Since its establishment in 2017 in the United Kingdom, ST Investment Co., Ltd has rapidly emerged as a shining star in the global investment sector. Through its diversified business portfolio and exceptional financial services, the company provides a comprehensive wealth growth platform for clients worldwide. Its services span key sectors such as artificial intelligence-based smart contracts, private equity, gold investments, and wealth management, all aimed at delivering stable and diverse
Lakshmishree Investment: Common Investment Mistakes When Markets Are High
One big mistake many investors make is taking too much risk because they fear missing out. Stock markets around the world are on fire! From the bustling streets of Wall Street to the vibrant Bombay Stock Exchange (BSE), markets are scaling new highs, leaving many investors excited and bewildered. While this bull run is thrilling, it can also be confusing. Should you jump in and buy more? Hold on tight
private equity international,private equity investment, equity firm,private inve …
Private equity firms are investment companies that specialize in acquiring and managing private companies. These firms typically provide capital to mature companies that have a proven track record of revenue and earnings, but that may be underperforming or undervalued. Private equity firms typically hold their investments for several years and then exit through a sale or an initial public offering (IPO). http://gdzaojiazixun.cn/ China private investment consulting E-mail:nolan@pandacuads.com The private equity process begins with the
China Investment Bank, China Investment Consultant, China Investment Corporation …
Pandacu is a company that specializes in cross-border investment in China. The company was founded in china and has since grown to become one of the leading cross-border investment firms in China. Pandacu offers a wide range of services to its clients, including investment advisory, market research, due diligence, and post-investment support. http://pandacuads.com/ Investment banking consultant Email:nolan@pandacuads.com Cross-border investment in China can be a complex and challenging process, as the country has a unique
Trident Steels - Investment Casting, Stainless Steel Investment Casting, Steel I …
With decades of experience in this industry, we have become the preferred partner for global companies who look for high-end metal casting manufacturing from India. Our investment casting company in India offers best-in-class quality products and services to our customers. We are a customer-centric company and invest in our people, processes, and technology to provide high-quality products every time. This has helped us to become the preferred partner for companies
Investment Management Market Growth Improvement Highly Witness | NWQ Investment …
Investment management is designed to help investors or owners to recognize, manage, and communicate the performance and risks of assets and related investments. As an alternative to spending time pursuing data and manually creating reports, fund managers, owners, and operators can focus on maximizing performance. Investment Management market size is expected to grow at a compound annual growth rate of xx% for the forecast period of 2021 to 2028. Market IntelliX report