Auto Service - Gas-Conv
7-Eleven
12835 Telge Rd, Cypress, TX 77429
Listing Price: $7,349,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute lease 7-Eleven in Cypress, TX. The property consists of a 4,739-square-foot, freestanding building that sits on approximately 2.07 acres of land. There are 10.6 years remaining on the lease with 10% rental increases every 5 years.
7-Eleven
Investment Highlights
- Gas Station and C-Store Owner/User Opportunity
- Absolute Net Lease with 10.6 Years Remaining – 10% Rental Escalation in 2030 – $4.7M in Future Rent Obligations
- Attractive 2020 Construction - Extensive Development Activity in the Last 5 Years Surrounding the Property
- Affluent Trade Area - Average Household Income is $134,411 Within a 3-Mile Radius
Exclusively Listed By
Listing Price: $7,349,000
Investment Highlights
- Gas Station and C-Store Owner/User Opportunity
- Absolute Net Lease with 10.6 Years Remaining – 10% Rental Escalation in 2030 – $4.7M in Future Rent Obligations
- Attractive 2020 Construction - Extensive Development Activity in the Last 5 Years Surrounding the Property
- Affluent Trade Area - Average Household Income is $134,411 Within a 3-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute lease 7-Eleven in Cypress, TX. The property consists of a 4,739-square-foot, freestanding building that sits on approximately 2.07 acres of land. There are 10.6 years remaining on the lease with 10% rental increases every 5 years.
Exclusively Listed By
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