7-Eleven
5.90% Cap Rate | 100% Bonus Depreciation | NNN | Texas
Marketing description
The Boulder Group is pleased to exclusively market for sale a single tenant net leased 7-Eleven property positioned in Brownsboro, Texas. 7-Eleven has been operating at this property since 2020. The current 7-Eleven lease expires in June 2035 and is triple net with no landlord responsibilities. The rent increases by 7.5% every 5 years during the primary term and three 5-year renewal options. 7-Eleven is an investment grade rated tenant (A - Standard & Poor’s). Texas is an income tax-free state, a benefit for potential buyers.
7-Eleven is situated on a 1.11-acre lot with a terrific hard-corner location. The site contains a 4,085 square foot 7-Eleven that opened in 2020. The property also features a 4,400 square foot freestanding fuel canopy containing 12 fuel dispensers. The property benefits from its position on Highway 31 W, which experiences 16,039 vehicles per day and leads directly east to Tyler, Texas and west to Athens, Texas. Nearby national retailers include Sonic and Dollar General. The property is also located in proximity to many local establishments and the Brownsboro schools.
7–Eleven, Inc. is the premier name in the convenience-retailing industry. Based in Irving, Texas, 7–Eleven operates, franchises and/or licenses more than 14,000 stores in the U.S. and Canada and 84,000+ stores worldwide. In addition to 7–Eleven stores, 7–Eleven, Inc. operates and franchises Speedway, Stripes, Laredo Taco Company and Raise the Roost Chicken and Biscuits locations. Known for its iconic brands such as Slurpee, Big Bite and Big Gulp.
Investment highlights
Eligible for bonus depreciation - Consult with your CPA
Texas is an income tax-free state
Investment grade tenant – A rating (Standard & Poor’s)
Over 9 years remaining on lease
7.5% rent escalations every 5 years during primary term and options periods
Three 5-year renewal options
NNN lease – no landlord responsibilities
Situated on a 1.11-acre lot
Hard-Corner location
Fuel canopy with 12 Exxon fuel dispensers
Located along State Highway 31 W (16,039 VPD)
9,954 people live within a 7-mile radius
Average household income within 7 miles is $86,102
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?







