7-ELEVEN

FILE PHOTO

Austin, TX

Price: $7,944,000
Cap Rate: 4.65%
NOI: $369,389
Building Size: Approx. 6,400 Sq. Ft.
Lot Size: Approx. 1.58 Acres
Status: Available
Sub Category: Convenience / Gas
Year Built / Renovated: 2016 / 2019

Investment Overview

  • 6,400+/- SF Building on 1.58+/- Acre Site
  • 15 Year NNN Corp Lease w/ 10% Rent Bumps After Year 10
  • Located along Slaughter Ln (45K VPD), just E of I-35 (193K VPD)
  • Adjacent to IDEA Prep School (234-Students) & Duke’s Adv. Golf
  • Across Goodnight Austin Master Planned Community (700-Acres)
  • Near Sam Club, Whataburger, Home Depot, Chick-fil-A, Starbucks
  • 9-Miles South of Downtown Austin | 3Rd Fastest Growing City in U.S
  • Austin is the NEW Tech Hub w/ Skill Base fed by University of Texas
  • Major Employers: Dell Corp, IBM Corp, Apple, Whole Foods, H-E-B
  • 3-Mile Estimated Population: 78,332 | AVG HH Income: $71,309
  • Austin – Round Rock – San Marcos (MSA) | Population: 2,168,316+