7-Eleven NNN Property For Sale — Tyler, TX
State Highway 31 W, Tyler, TX unknown
This 7-Eleven property in Tyler, Texas, presents an exceptional net-leased investment opportunity. The tenant has successfully operated at this location since 2020. The triple-net lease, with no landlord responsibilities, extends until June 2035 and is supported by a corporate guaranty from 7-Eleven, an investment-grade rated tenant (S&P: A). The property features eight fuel dispensers on a spacious 3.62-acre site. The 3,000 square-foot building benefits from its prime location along State Highway 31 W, experiencing high traffic counts of 15,681 vehicles per day. It is also conveniently located just a two-minute drive from State Highway 323 SW (35,620 VPD), which encircles downtown Tyler. The surrounding area boasts a strong demographic profile, with over 122,000 people residing within a…
- Address: State Highway 31 W, Tyler, TX unknown
- Asking price $4.49M
- 5.35% cap rate
- NOI $240,000
- 8.8 years remaining
- NNN lease
- Year built: 2020
- Building size: 3,000 SF
- Lot size: 3.62 acres
- Lease expiration: Jun 30, 2035
- Rent increases: 7.5% every 5 years
- Guarantor: Corporate
Location
This 7-Eleven property is at State Highway 31 W in Tyler, Texas.
Asset type: Retail