17080 Interstate 20 W - Retail FOR SALE


Lindale, TX 75771
$4,765,217 USD
925-348-1844
17080 Interstate 20 W, Lindale, TX for Sale
$4,765,217 USD
Retail - FOR SALE
1/1
null | 5.75% Cap Rate

17080 Interstate 20 W
Lindale, TX 75771


HIGHLIGHTS

  • Absolute NNN Lease
  • Zero Landlord Obligations
  • 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
  • Income Tax Free State
  • Located along I-20 Texas Exit 552 with easy on-off ramp access
  • Highly Trafficked Location - 43,000+ VPD

OVERVIEW

This is the opportunity to purchase a long term absolute NNN leased 7- Eleven in Lindale, 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 being located along I-20 Texas Exit 552 with easy on-off ramp access and exposure to 43,000+ vehicles per day. The building is also next to Hideaway Lake Club, a 10 square mile community consisting of 1,600 homes.

FOR SALE DETAILS

PRICE

$4,765,217 USD

PRICE/SF

$904 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Leased 7-Eleven

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

1-36650-0000-00-001000

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.