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Corporate 7-Eleven (24 Seven Mart)

3400 Van Hwy, Tyler, TX 75702

Listing Price: $3,850,000

Cap Rate
6.00%
Tenant Name
Corporate 7-Eleven (24 Seven Mart)
Years Remaining On Lease
11.6
Gross SF
4,842
Guarantor
Corporate Guarantee
Rentable SF
4,842
Price/Gross SF
$795.13
Lease Type
Absolute Net
Rent Per Square Feet
$43.37

Investment Overview

The subject property is a 7-Eleven (24 Seven Mart) located at 3400 Van Hwy in Tyler, Texas. 7-Eleven, Inc. provides a corporate guarantee, reinforcing long-term income security. The property is leased to 24 Seven Mart, a Dallas-based convenience store operator with approximately 30 locations across the Dallas–Fort Worth metroplex and East Texas. The company is privately held and continues to expand its regional footprint, most recently acquiring 13 additional stores from 7-Eleven.

Investment Highlights

  • Corporate Guarantee From 7-Eleven, Inc. (S&P: AA-)
  • Absolute Net Lease With 11.7 Years Remaining | 10 Percent Rental Increases Every Five Years
  • Strategic Signalized Hard-Corner Location (40,000+ VPD Combined)
  • Attractive Newer Construction on Oversized 1.78-Acre Parcel
  • 73,188 Residents and 99,130 Daytime Population Within a Five-Mile Radius
  • Dense Retail Corridor Anchored by Walmart and Walgreens
  • Proximity to CHRISTUS Mother Frances Hospital (400+ Beds) & Tyler High School (2,100 Students)
  • Tyler Metro – 244,000 Residents and Growing Trade Area

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Corporate 7-Eleven (24 Seven Mart)

Listing Price: $3,850,000

Cap Rate
6.00%
Tenant Name
Corporate 7-Eleven (24 Seven Mart)
Years Remaining On Lease
11.6
Gross SF
4,842
Guarantor
Corporate Guarantee
Rentable SF
4,842
Price/Gross SF
$795.13
Lease Type
Absolute Net
Rent Per Square Feet
$43.37

Investment Highlights

  • Corporate Guarantee From 7-Eleven, Inc. (S&P: AA-)
  • Absolute Net Lease With 11.7 Years Remaining | 10 Percent Rental Increases Every Five Years
  • Strategic Signalized Hard-Corner Location (40,000+ VPD Combined)
  • Attractive Newer Construction on Oversized 1.78-Acre Parcel
  • 73,188 Residents and 99,130 Daytime Population Within a Five-Mile Radius
  • Dense Retail Corridor Anchored by Walmart and Walgreens
  • Proximity to CHRISTUS Mother Frances Hospital (400+ Beds) & Tyler High School (2,100 Students)
  • Tyler Metro – 244,000 Residents and Growing Trade Area

Investment Overview

The subject property is a 7-Eleven (24 Seven Mart) located at 3400 Van Hwy in Tyler, Texas. 7-Eleven, Inc. provides a corporate guarantee, reinforcing long-term income security. The property is leased to 24 Seven Mart, a Dallas-based convenience store operator with approximately 30 locations across the Dallas–Fort Worth metroplex and East Texas. The company is privately held and continues to expand its regional footprint, most recently acquiring 13 additional stores from 7-Eleven.

Exclusively Listed By

Financing By

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