1315 S Beckham Ave - Service Station FOR SALE


Tyler, TX 75701
$5,001,086 USD
843-343-1351
1315 S Beckham Ave, Tyler, TX for Sale
$5,001,086 USD
Service Station - FOR SALE
1/6
null | 5.75% Cap Rate

1315 S Beckham Ave
Tyler, TX 75701


HIGHLIGHTS

  • Absolute NNN
  • Corporate 7-Eleven Guaranty
  • 7.5% Rent Bumps Every 5th Year
  • Tyler Medical District

OVERVIEW

Oswald Cooke & Associates is pleased to present a premier investment opportunity: a well-established, convenience store, operating as 24Seven Mart and corporately guaranteed by 7-Eleven, now available for sale to a qualified buyer. Situated on a 0.61-acre parcel in the heart of Tyler’s medical district, this high-visibility location is within walking distance to both the UT Health Tyler campus and Christus Trinity Mother Frances Medical Center. The property benefits from a 15-year absolute NNN lease that began in June 2020, with three (3) five-year renewal options. The surrounding area boasts strong demographics, including a population of 119,000+ residents and over 90,000 daytime employees within a five-mile radius. The site is also strategically positioned adjacent to the corporate headquarters of Southside Bank, further enhancing its value and foot traffic potential. 7-Eleven Inc., the guarantor, is a globally recognized brand with a Standard & Poor’s credit rating of AA-. As the nation’s largest convenience store operator, 7-Eleven runs over 13,000 locations across the U.S. and 83,000 worldwide, providing exceptional creditworthiness and brand stability.

FOR SALE DETAILS

PRICE

$5,001,086 USD

PRICE/SF

$2,004 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Exxon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-1

APN/PARCEL ID

1-50000-0630-00-005020

ASK ABOUT THIS PROPERTY

Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.