Auto Service - Gas-Conv

7-Eleven Evolution Store w/ Cafe, Gas & Car Wash | 15Yr Lease Qualifies for Accelerated Depreciation

8767 TX-151, San Antonio, TX 78245

Listing Price: $8,589,474

Cap Rate
4.75%
Tenant Name
7-Eleven Evolution
Years Remaining On Lease
15.00
Gross SF
13,220
Guarantor
Corporate Guarantee
Rentable SF
13,220
Price/Gross SF
$649.73
Lease Type
Absolute Net
Rent Per Square Feet
$30.86

Investment Overview

San Antonio is the seventh-most populated city in the United States and is the second most populous city in the state of Texas. It is considered one of the fastest growing of the top ten largest cities in the United States from 2000 to 2010. The city’s economy is primarily focused within military, health care, government civil service, financial services, oil and gas, and tourism sectors. The U.S. armed forces have numerous locations in San Antonio including Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, and Lackland AFB/ Kelly Field Annex. It is also home to numerous Fortune 500 companies including Valero Energy Corp, Tesoro Corp, USAA, iHeartMedia, CST Brands, INC. and more.

Investment Highlights

  • 15 Year Abs Net Lease Feat. 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. Complete 2020 Renovation into the New 7-Eleven Evolution Concept w/ a Gas Station & Car Wash.
  • New Next Generation 7-Eleven Evolution Concept - Evolution Stores will offer an Assortment of Exclusive Products, a Restaurant, a Salon, Check Cashing, Services and Features and more.
  • Densely Populated and Rapidly Growing Area: Features more than 288k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Retail & Traffic Corridor. Features Easy Access and Excellent Visibility at a Signalized Prime Hard Corner to Combined Daily Traffic Counts Exceeding 34k+ Vehicles. Direct Access to State Highway 151 (107k+VPD).
  • Across from a Future H-E-B and Near Numerous other National Retailers including The Home Depot, Academy Sports, Walmart Supercenter, Lowe's, Target, Ross and more.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments Under Construction.
  • Near SeaWorld San Antonio - the Largest of the three Parks in the SeaWorld Chain and one of the World's Largest Marine-Life Theme Parks.
  • Ranked #159 on Fortune 500 List. S&P Investment Grade Credit Rating of "AA-", with an Annual Revenue of more than $63.74 Billion.

Exclusively Listed By

Auto Service - Gas-Conv

7-Eleven Evolution Store w/ Cafe, Gas & Car Wash | 15Yr Lease Qualifies for Accelerated Depreciation

Listing Price: $8,589,474

Cap Rate
4.75%
Tenant Name
7-Eleven Evolution
Years Remaining On Lease
15.00
Gross SF
13,220
Guarantor
Corporate Guarantee
Rentable SF
13,220
Price/Gross SF
$649.73
Lease Type
Absolute Net
Rent Per Square Feet
$30.86

Investment Highlights

  • 15 Year Abs Net Lease Feat. 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. Complete 2020 Renovation into the New 7-Eleven Evolution Concept w/ a Gas Station & Car Wash.
  • New Next Generation 7-Eleven Evolution Concept - Evolution Stores will offer an Assortment of Exclusive Products, a Restaurant, a Salon, Check Cashing, Services and Features and more.
  • Densely Populated and Rapidly Growing Area: Features more than 288k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Retail & Traffic Corridor. Features Easy Access and Excellent Visibility at a Signalized Prime Hard Corner to Combined Daily Traffic Counts Exceeding 34k+ Vehicles. Direct Access to State Highway 151 (107k+VPD).
  • Across from a Future H-E-B and Near Numerous other National Retailers including The Home Depot, Academy Sports, Walmart Supercenter, Lowe's, Target, Ross and more.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments Under Construction.
  • Near SeaWorld San Antonio - the Largest of the three Parks in the SeaWorld Chain and one of the World's Largest Marine-Life Theme Parks.
  • Ranked #159 on Fortune 500 List. S&P Investment Grade Credit Rating of "AA-", with an Annual Revenue of more than $63.74 Billion.

Investment Overview

San Antonio is the seventh-most populated city in the United States and is the second most populous city in the state of Texas. It is considered one of the fastest growing of the top ten largest cities in the United States from 2000 to 2010. The city’s economy is primarily focused within military, health care, government civil service, financial services, oil and gas, and tourism sectors. The U.S. armed forces have numerous locations in San Antonio including Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, and Lackland AFB/ Kelly Field Annex. It is also home to numerous Fortune 500 companies including Valero Energy Corp, Tesoro Corp, USAA, iHeartMedia, CST Brands, INC. and more.

Exclusively Listed By

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