3401 S Broadway Ave - Service Station FOR SALE


Tyler, TX 75701 | 
$4,424,038 USD
925-348-1844
3401 S Broadway Ave, Tyler, TX for Sale
$4,424,038 USD
Service Station - FOR SALE
1/1
null | 6.5% Cap Rate

3401 S Broadway Ave
Tyler, TX 75701


HIGHLIGHTS

  • Long Term Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guarantee
  • Scheduled 7.5% Increases in Rent
  • Income Tax Free State

OVERVIEW

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 Year 6 of its original 15-year agreement and features attractive 7.5% rent increases every five years, along with three additional five-year renewal options. The site boasts a prime location along South Broadway Avenue, a primary retail corridor in Tyler, offering high traffic visibility and direct access to surrounding commercial hubs. This offering features an Absolute NNN Lease structure with zero landlord responsibilities, backed by a corporate guaranty 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.

FOR SALE DETAILS

PRICE

$4,424,038 USD

PRICE/SF

$1,891 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

C-1

APN/PARCEL ID

1-50000-1010-03-018020

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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