Listed by Secure Net Lease
$12,146,000
7-Eleven
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,650
Cap Rate 5.15%
NOI $625,516
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Term 15
Lease Expiration 01/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options (4) 5-Year Renewal Options
Year Built 2026
Buildings 1
Stories 1
Acreage 3.230
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/09/2026
Ground Lease No
5.15% CAP | Prime Highway Location in Texas Triangle Megaregion
Marketing description
- Brand New 15-Year Absolute NNN Lease with 10% Rental Increases Every 5 Years in both the Primary Term and Option Periods.
- Large Format 7-Eleven on a 3.23 AC Parcel featuring a diesel fuel terminal, 36 parking spaces, and 11 MPDs, providing high-capacity fueling and modern store infrastructure designed for commuter, commercial truck, and regional service demand.
- Prime Highway Intersection Location With 55,000 VPD positioned at the signalized corner of SH 130 and SH 142 — a premier visibility site connecting Austin (30 miles north) and San Antonio (50 miles south), capturing 24/7 commuter and commercial truck activity.
- Surrounded by Strong Demand Drivers and New Development including Firefly Commons (<0.25 mi; 200,000+ annual visitors), RealCold’s 312,000 SF storage facility (100–150 employees), and the new Austin Regional Clinic (30–50 employees). Lockhart ISD adds a substantial daily base with 6,604 students and 600+ district staff contributing consistent local traffic.
- Proximity to Major Industrial, Cold-Chain, and Technology Employment including RealCold’s new 312,000-SF cold-storage facility bringing over 100 full-time jobs, the planned 1,500-acre Tract multi-gigawatt data-center megasite projected to support hundreds of high-wage technology positions, Lockhart 130 Industrial Park (approximately 450–650+ employees), and Factory Builder Stores’ 168,000-SF distribution center.
- Essential Retail Category With Corporate Credit Strength as 7-Eleven operates 85,000+ stores worldwide and 12,600+ in the U.S., supported by an S&P A credit rating and FY 2025 revenue of $73.2 billion. The company plans 1,300 new North American stores by 2030, reinforcing long-term tenant stability and national market penetration.
- Located in Lockhart – One of Central Texas’s Fastest-Growing Cities with a 2025 population of 19,045, 10.9% annual growth, and a cost of living 6% below the national average. Two master-planned communities adding 6,150+ homes, along with expanding industrial, educational, and healthcare infrastructure, support strong long-term demand for essential retail.
Investment highlights
- Brand New 15-Year Absolute NNN Lease Corporate-Guaranteed Structure With 10% Rental Increases Every Five Years
- Large Format 7-Eleven on 3.23 Acres High-Capacity Store Design With Diesel Fueling, 11 MPDs, and 36 Parking Spaces
- Signalized Hard Corner at SH 130 & SH 142 Premier highway visibility with 55,000 vehicles per day
- Surrounded by Key Demand Drivers Including Firefly Commons, Austin Regional Clinic, and Lockhart ISD
- Positioned Between Austin and San Antonio Along the SH-130 corridor serving commuter and commercial truck activity
Listing Contacts
Listed by Secure Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$625,516.00
$52,126.33/mo
Valuation Metrics
0
DSCR
5.15%
Cap Rate
5.15%
ROI
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