This is the opportunity to acquire a well-established 7-Eleven location in Tyler, Texas, secured by an Absolute NNN Lease. The lease is currently in the initial term of the original 15-year agreement and includes attractive 7.5% rent increases every five years, along with three additional five-year renewal options. The site boasts a prime location along Highway 31 West, providing excellent visibility and direct access to the surrounding area. The approximately 3,000-square-foot building anchors a well-traveled retail corridor, and with roughly 8.8 years of term remaining through June 2035, the asset offers durable, long-dated cash flow.
This offering features an Absolute NNN Lease structure with zero landlord responsibilities, backed by a corporate guarantee from 7-Eleven. Combined with its location in income tax-free Texas, this asset provides investors with a stable, passive income stream in a pro-business environment. Current annual rent of $258,000 steps to $277,350 in the following term, and as one of the world's most recognized convenience brands, 7-Eleven brings best-in-class tenancy to a truly management-free investment.