7-Eleven Absolute NNN Lease 12440 Hwy 31 West 3,000 SF Retail Building Tyler, TX 75709 $5,783,040 CAD ($1,927.68 CAD/SF) 6.18% Cap Rate

This is the opportunity to acquire a high-performing 7-Eleven location in Tyler, Texas, secured by an Absolute NNN Lease. The lease term includes three 5-year renewal options, providing long-term stability, and the lease is set to expire on June 30, 2035. The lease features 7.5% rent increases every five years, ensuring rent growth and providing investors with consistent returns over time.
The property is positioned along State Highway 31 West, a major east-west corridor through Tyler, with strong daily vehicle exposure of approximately 15,681 vehicles per day and enhanced visibility from nearby Highway 323 SW, which carries an additional estimated 35,620 vehicles per day, supporting significant retail traffic and customer draw. Tyler serves as the commercial and cultural center of East Texas, offering a growing population base, access to multiple major highways including US-69, US-271, and Interstate-20, and convenient proximity to Tyler Pounds Regional Airport, all contributing to a robust regional consumer market.
With an Absolute NNN Lease structure, there are no landlord responsibilities, providing a passive and hands-off investment. Coupled with Texas’ pro-business environment and absence of state income tax, this asset presents a compelling opportunity for investors seeking stable, long-term income.