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7-Eleven Absolute NNN Lease 12540 State Highway 155 S 4,800 SF Retail Building Tyler, TX 75703 $6,554,755 CAD ($1,365.57 CAD/SF) 6.18% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease
  • 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
  • Located along State Highway 155 - 19,000+ VPD
  • Zero Landlord Obligations
  • Income Tax Free State
  • 10 Minutes from Downtown Tyler

EXECUTIVE SUMMARY

This is the opportunity to purchase a long term absolute NNN leased 7-
Eleven in Tyler, Texas. The lease calls for zero landlord obligations with
7.5% rental increases every 5 years and three, 5 year options to renew.
The site benefits from its location along State Highway 155 with
exposure to 19,000+ vehicles per day from combined roads. The
building is conveniently located 10 minutes from Downtown Tyler and
surrounded by many commercial and industrial businesses in the area.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,800 SF
Building Class
C
Year Built
2009
Price
$6,554,755 CAD
Price Per SF
$1,365.57 CAD
Cap Rate
6.18%
NOI
$405,084 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.23 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-00000-0030-00-031003
Land Assessment
$279,473 CAD
Improvements Assessment
$1,829,595 CAD
Total Assessment
$2,109,068 CAD
  • Listing ID: 36318354

  • Date on Market: 2025-06-19

  • Last Updated:

  • Address: 12540 State Highway 155 S, Tyler, TX 75703

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