Investment Overview
This is the opportunity to purchase a long term absolute NNN leased 7-Eleven in Tyler, Texas. This asset is corporately guaranteed by 7-Eleven. The lease calls for zero landlord obligations with 7.5% rental increases every 5 years and three, 5 year options to renew. The site benefits being located along Texas Highway 69. There are several neighboring retailers including Taco Bell, AutoZone, Arby's, IHOP, and many others.
Investment Highlights
- Absolute NNN Lease
- Zero Landlord Obligations
- Corporate Guarantee
- Investment Grade Tenant (S&P Rating A)
- Income Tax Free State
- Situated on State Route 69
- Scheduled Rental Increases of 7.5% Every 5 Years
- Neighboring Retailers including Taco Bell, AutoZone, Arby's, IHOP, and many others