7-Eleven for Sale in Sinton, TX
Sinton, TX
Key Investment Metrics
Price
$10,130,000
Cap Rate
5.3%
Net Operating Income
$531,805
Building Size
4650 SF
Land Area
4.48 Acres
Remaining Term
12.6 years
Lease Expiration
02/28/2039
Lease Term
15 years
Lease Commencement
02/28/2024
Lease Type
Absolute NNN
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
7.5% Every 5 Years in Primary and Options
Property overview
7-Eleven in Sinton
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 4,650 SF
- Land area
- 4.48 acres
- Year built
- 2024
- Lease type
- Absolute NNN
- Lease expiration
- 02/28/2039
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.