12540 State Highway 155 S - Convenience Store FOR SALE


Tyler, TX 75703
$4,695,652 USD
925-348-1844
12540 State Highway 155 S, Tyler, TX for Sale
$4,695,652 USD
Convenience Store - FOR SALE
1/1
null | 5.75% Cap Rate

12540 State Highway 155 S
Tyler, TX 75703


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,695,652 USD

PRICE/SF

$978 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Leased 7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.23 AC

LAND SF

97,269 SF

ZONING

-

APN/PARCEL ID

10000-0003-00-0031003

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.