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Auto Service - Gas-Conv

7-ELEVEN/STRIPES

708 US-77, Schulenburg, TX 78956

Listing Price: $3,208,000

Cap Rate
9.50%
Tenant Name
7-Eleven
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
4,991
Lease Type
Absolute Net
Rent Per Square Feet
$59.28

Investment Overview

Marcus & Millichap presents for sale the Stripes/7-Eleven at the intersection of 708 US-77 and Interstate 10 Freeway in Schulenburg, Texas. The subject property building has approximately 4,991 square foot convenience store and is situated on 1.15 acres. The property also has 4 fuel islands with 16 fuel pumps, canopy, and a high pole sign for Chevron Gas. The property was originally built in 2009 and underwent renovations in early 2022. Conveniently located on a busy, signalized intersection adjacent to Interstate 10 freeway and is situated at the on/off ramps for the freeway. The City of Schulenburg is known as “Halfway to Everywhere.” The city is almost exactly halfway between Houston and San Antonio as well as Austin.

Investment Highlights

  • Absolute NNN: No Maintenance or Management for Landlord
  • 6+ Years Remaining on Stripes LLC / 7-Eleven Lease
  • 4 Fuel Islands with 16 Pumps

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Service - Gas-Conv

7-ELEVEN/STRIPES

Listing Price: $3,208,000

Cap Rate
9.50%
Tenant Name
7-Eleven
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
4,991
Lease Type
Absolute Net
Rent Per Square Feet
$59.28

Investment Highlights

  • Absolute NNN: No Maintenance or Management for Landlord
  • 6+ Years Remaining on Stripes LLC / 7-Eleven Lease
  • 4 Fuel Islands with 16 Pumps

Investment Overview

Marcus & Millichap presents for sale the Stripes/7-Eleven at the intersection of 708 US-77 and Interstate 10 Freeway in Schulenburg, Texas. The subject property building has approximately 4,991 square foot convenience store and is situated on 1.15 acres. The property also has 4 fuel islands with 16 fuel pumps, canopy, and a high pole sign for Chevron Gas. The property was originally built in 2009 and underwent renovations in early 2022. Conveniently located on a busy, signalized intersection adjacent to Interstate 10 freeway and is situated at the on/off ramps for the freeway. The City of Schulenburg is known as “Halfway to Everywhere.” The city is almost exactly halfway between Houston and San Antonio as well as Austin.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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