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Corporate 7-Eleven 12440 Hwy 31 West 3,000 SF Retail Building Tyler, TX 75709 $5,826,570 CAD ($1,942.19 CAD/SF) 5.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Over 11 Years on Corporate Absolute NNN Lease with 7.5% Rental Increases Every 5 Years in Both the Primary Term and Option Periods
  • Nearby Tenants Include: Dollar General, Grease Monkey, ABC Supply Co, Caterpillar, & the Scotts Company & More
  • 7-Eleven Is the World’s Largest Convenience Store Chain. The Company Recently Opened Their 85,000th Store and Continues to Develop New Stores
  • Location Advantage: Property Is Located Along State Highway 31 W (15,681+ VPD) & Near State Highway 323 SW (35,620+ VPD)
  • Tyler Is the Commercial and Cultural Capital of the East Texas Region; 95 Miles East of the Third Largest City in Texas – Dallas
  • Tyler | Largest Community in East Texas | Population: 104,945+

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,000 SF
Building Class
C
Year Built
1980
Price
$5,826,570 CAD
Price Per SF
$1,942.19 CAD
Cap Rate
5.75%
NOI
$335,021 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.62 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-80040-0006-00-001000
Land Assessment
$166,673 CAD
Improvements Assessment
$645,852 CAD
Total Assessment
$812,525 CAD
  • Listing ID: 31737055

  • Date on Market: 2024-05-08

  • Last Updated:

  • Address: 12440 Hwy 31 West, Tyler, TX 75709

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