303 S Main St - Retail FOR SALE


Lindale, TX 75771
$6,434,782 USD
925-348-1844
303 S Main St, Lindale, TX for Sale
$6,434,782 USD
Retail - FOR SALE
1/1
null | 5.75% Cap Rate

303 S Main St
Lindale, TX 75771


HIGHLIGHTS

  • Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guarantee
  • 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
  • Income Tax Free State
  • Located along US Highway 69

OVERVIEW

This is the opportunity to purchase a long term absolute NNN leased 7- Eleven in Lindale, Texas. This asset is corperately guaranteed by 7- Eleven and operated by Montfront, a franchisee. 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 US Highway 69 with direct access into Downtown Tyler. Neighboring retailers include Whataburger, Dairy Queen, AT&, Brookshire's, CVS Pharmacy and more.

FOR SALE DETAILS

PRICE

$6,434,782 USD

PRICE/SF

$1,287 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Lease 7-Eleven

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1-30000-0017-00-001010

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.