12440 Hwy 31 West - Service Station FOR SALE
Tyler, TX 75709 |
$4,174,000 USD
713-263-3981
12440 Hwy 31 West
Tyler, TX 75709
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
- Location Advantage: Property Is Located Along State Highway 31 W (15,681+ VPD) & Near State Highway 323 SW (35,620+ VPD)
- Nearby Tenants Include: Dollar General, Grease Monkey, ABC Supply Co, Caterpillar, & the Scotts Company & More
- Tyler Is the Commercial and Cultural Capital of the East Texas Region; 95 Miles East of the Third Largest City in Texas – Dallas
- 7-Eleven Is the World’s Largest Convenience Store Chain. The Company Recently Opened Their 85,000th Store and Continues to Develop New Stores
- Tyler | Largest Community in East Texas | Population: 104,945+
FOR SALE DETAILS
PRICE
$4,174,000 USD
PRICE/SF
$1,391 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Corporate 7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.62 AC
LAND SF
157,687 SF
ZONING
-
APN/PARCEL ID
1-80040-0006-00-001000
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713-263-3981
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713-263-3981
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