7-Eleven - Net Lease Property for Sale
Key Investment Metrics
Price
$7,805,000
Cap Rate
5.0%
Net Operating Income
$390,262
Building Size
3145 SF
Lot Size
3,145 SF
Remaining Term
9.7 years
Lease Expiration
09/01/2035
Lease Term
15 years
Lease Commencement
09/01/2020
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2020
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years, in Primary Term & Option Periods
About This 7-Eleven Net Lease Property
This 7-Eleven NNN (triple net lease) property is located in , TX and represents an excellent investment opportunity for commercial real estate investors. The property features 3145 square feet of building space and was built in 2020.
With a cap rate of 5.0%, this 7-Eleven net lease property offers stable income potential. The asking price is $7,805,000, 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.
, TX Market Overview
Located in , TX, this 7-Eleven property benefits from strong local demographics and market fundamentals. The area offers excellent visibility and accessibility, making it an ideal location for 7-Eleven operations and a solid investment for net lease property buyers.