12540 State Highway 155 STyler, TX 75703

For Sale
$4,695,652

Opportunity to purchase a long term absolute NNN leased 7-Eleven in Tyler, TX

Overview

Added:
Jan 27
Days on market:
46
This is the opportunity to purchase a long term absolute NNN leased 7-Eleven in Tyler, Texas. 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 from its location along State Highway 155 with exposure to 19,000+ vehicles per day from combined roads. The building is conveniently located 10 minutes from Downtown Tyler and surrounded by many commercial and industrial businesses in the area.

Location Description
Tyler is a city in the U.S. state of Texas. It is the seat of government of Smith County, and the largest city in Northeast Texas. With a 2020 census population of 105,995, Tyler was the 33rd most populous city in Texas and 299th in the United
States. It is the principal city of the Tyler metropolitan statistical area, which is the 198th most populous metropolitan area in the U.S. and 16th in Texas after Waco
and the College Station–Bryan areas, with a population of 233,479 in 2020. As Northeast Texas and Smith County's major economic, educational, financial, medical and cultural hub, Tyler is host to more than 20,000 higher-education students; the University of Texas at Tyler; a university health science center; and regional hospital systems. It is also the headquarters for Brookshire Grocery Company, Cavender's, Southside Bank, and Synthesizers.com. Other corporations
with major presence within the city and surrounding area include AT&T, T-Mobile US, Cricket Wireless and Metro by T-Mobile, Chase Bank, BBVA, Best Buy, and Walmart. Tyler is also home to the Caldwell Zoo and Broadway Square Mall.

Highlights

  • Absolute NNN Lease Zero Landlord Obligations 7-Eleven is an Investment Grade Tenant (S&P Rating “A”) Income Tax Free State Located along State Highway 155 - 19,000+ VPD 10 Minutes from Downtown Tyler Surrounded by Many Commercial and Industrial Businesses

Property Details for 12540 State Highway 155 S

Property type
Other retail properties, Individual retail properties
Square Feet
4,800 SF
Price / Square Foot
$978.26
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
97,269 SF
Units
1

Location Insight

City
Tyler
County
State
Texas

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12540 State Highway 155 S
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