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Corporate 7-Eleven 12440 Hwy 31 West

3,000 SF Retail Building Tyler, TX 75709 $4,364,000 ($1,455/SF) 5.50% Cap Rate

Retail Space Texas Tyler 12440 Hwy 31 West, Tyler, TX 75709

Investment 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
  • Nearby Tenants Include: Dollar General, Grease Monkey, ABC Supply Co, Caterpillar, & the Scotts Company & More
  • 7-Eleven Is the World’s Largest Convenience Store Chain. The Company Recently Opened Their 85,000th Store and Continues to Develop New Stores
  • Location Advantage: Property Is Located Along State Highway 31 W (15,681+ VPD) & Near State Highway 323 SW (35,620+ VPD)
  • Tyler Is the Commercial and Cultural Capital of the East Texas Region; 95 Miles East of the Third Largest City in Texas – Dallas
  • Tyler | Largest Community in East Texas | Population: 104,945+

Attachments

SECURE NET LEASE OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,000 SF
Building Class
C
Year Built
1980
Price
$4,364,000
Price Per SF
$1,455
Cap Rate
5.50%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
3.62 AC

Links

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PROPERTY TAXES

Parcel Number 1-80040-0006-00-001000 Improvements Assessment $382,577
Land Assessment $118,806 Total Assessment $501,383

PROPERTY TAXES

Parcel Number
1-80040-0006-00-001000
Land Assessment
$118,806
Improvements Assessment
$382,577
Total Assessment
$501,383
(713) 263-3981

  • Listing ID: 31737055

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 12440 Hwy 31 West, Tyler, TX 75709

More public record information on 12440 Hwy 31 West, Tyler, TX 75709

The Retail Property at 12440 Hwy 31 West, Tyler, TX 75709 is currently available For Sale. Contact Secure Net Lease for more information.

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12440 Hwy 31 West, Tyler, TX for sale Building Photo- Image 1 of 4
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12440 Hwy 31 West, Tyler, TX for sale Building Photo- Image 2 of 4
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Corporate 7-Eleven | 12440 Hwy 31 West
(713) 263-3981 x

Corporate 7-Eleven | 12440 Hwy 31 West

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Edward Benton

(713) 263-3981

(713) 263-3981

Bob Moorhead

(214) 915-8890

(214) 915-8890

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