7-Eleven - Net Lease Property for Sale
Tomball, TX
Key Investment Metrics
Price
$5,911,508
Cap Rate
6.5%
Net Operating Income
$384,248
Building Size
4750 SF
Lot Size
4,750 SF
Land Area
1.47 Acres
Remaining Term
11.0 years
Lease Expiration
01/19/2037
Lease Term
15.0 years
Lease Commencement
01/19/2022
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
2021
Tenancy
Single
Rent Increases
7.5% Every 5 Years; 7.5% in Options
About This 7-Eleven Net Lease Property
This 7-Eleven NNN (triple net lease) property is located in Tomball, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 4750 square feet of building space and was built in 2021.
With a cap rate of 6.5%, this 7-Eleven net lease property offers stable income potential. The asking price is $5,911,508, making it an attractive option for 1031 exchange investors seeking quality 7-Eleven commercial properties.
Why Invest in 7-Eleven NNN Properties?
- Stable Income: 7-Eleven net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: 7-Eleven is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Tomball, TX Market Overview
Located in Tomball, TX, this 7-Eleven property benefits from strong local demographics and market fundamentals. The Tomball area offers excellent visibility and accessibility, making it an ideal location for 7-Eleven operations and a solid investment for net lease property buyers.