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Exxon 1315 S Beckham Ave 1,650 SF Retail Building Tyler, TX 75701 $6,175,603 CAD ($3,742.79 CAD/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute NNN
- 7.5% Rent Bumps Every 5th Year
- Corporate 7-Eleven Guaranty
- Tyler Medical District
EXECUTIVE SUMMARY
Oswald Cooke & Associates is pleased to present a premier investment opportunity: a well-established, convenience store, operating as 24Seven Mart and corporately guaranteed by 7-Eleven, now available for sale to a qualified buyer.
Situated on a 0.61-acre parcel in the heart of Tyler’s medical district, this high-visibility location is within walking distance to both the UT Health Tyler campus and Christus Trinity Mother Frances Medical Center. The property benefits from a 15-year absolute NNN lease that began in June 2020, with three (3) five-year renewal options.
The surrounding area boasts strong demographics, including a population of 119,000+ residents and over 90,000 daytime employees within a five-mile radius. The site is also strategically positioned adjacent to the corporate headquarters of Southside Bank, further enhancing its value and foot traffic potential.
7-Eleven Inc., the guarantor, is a globally recognized brand with a Standard & Poor’s credit rating of AA-. As the nation’s largest convenience store operator, 7-Eleven runs over 13,000 locations across the U.S. and 83,000 worldwide, providing exceptional creditworthiness and brand stability.
Situated on a 0.61-acre parcel in the heart of Tyler’s medical district, this high-visibility location is within walking distance to both the UT Health Tyler campus and Christus Trinity Mother Frances Medical Center. The property benefits from a 15-year absolute NNN lease that began in June 2020, with three (3) five-year renewal options.
The surrounding area boasts strong demographics, including a population of 119,000+ residents and over 90,000 daytime employees within a five-mile radius. The site is also strategically positioned adjacent to the corporate headquarters of Southside Bank, further enhancing its value and foot traffic potential.
7-Eleven Inc., the guarantor, is a globally recognized brand with a Standard & Poor’s credit rating of AA-. As the nation’s largest convenience store operator, 7-Eleven runs over 13,000 locations across the U.S. and 83,000 worldwide, providing exceptional creditworthiness and brand stability.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,650 SF
Building Class
C
Year Built
1990
Price
$6,175,603 CAD
Price Per SF
$3,742.79 CAD
Cap Rate
6.50%
NOI
$401,414 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.61 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
13 Spaces (7.88 Spaces per 1,000 SF Leased)
Frontage
144’ on S Beckham Ave
AMENITIES
- 24 Hour Access
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-50000-0630-00-005020 | Improvements Assessment | $265,511 CAD |
| Land Assessment | $246,789 CAD | Total Assessment | $512,300 CAD |
PROPERTY TAXES
Parcel Number
1-50000-0630-00-005020
Land Assessment
$246,789 CAD
Improvements Assessment
$265,511 CAD
Total Assessment
$512,300 CAD
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Exxon | 1315 S Beckham Ave
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