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 State Highway 64 which gives direct access into Downtown Tyler, and less than 1 mile from a Walmart Supercenter and other retailers that include Dollar Tree, Sonic Drive-In, Pizza Hurt, Starbucks and more.
Investment Highlights
- Absolute NNN Lease
- Zero Landlord Obligations
- Corporate Guarantee
- 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
- Income Tax Free State
- Bonus Depreciation Benefits
- Located along State Highway 64 which gives direct access into Downtown Tyler
- Neighboring Retailers that include Dollar Tree, Sonic Drive-In, Pizza Hurt, Starbucks and more