7-Eleven Austin, TX

5000 West Slaughter Lane
Austin, TX

Price: $6,346,000
Cap Rate: 4.65%
NOI: $295,089
Building Size: Approx. 3,042 Sq. Ft.
Lot Size: Approx. 1.11 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2019

Investment Overview

  • 2019 Construction. 3,042+/- SF Building on 1.11+/- Acre Site
  • 15 Year NNN Corp Lease w/ 10% Rent Bumps After Year 10
  • Located along Slaughter Ln (42K VPD) and Sendera Mesa Ln
  • First C-Store / Gas in trade area | Just E of Loop 1 (71K VPD)
  • Surrounded by New Apartment Complexes, Schools, and Retail
  • Near H-E-B, Jiffy Lube, Advance Auto, Starbucks, Whataburger
  • Across Alamo Draft House Cinema | 2-Miles S of Shops @ Arbor Trail
  • 10-Miles SW of Downtown Austin | 3Rd Fastest Growing City in U.S
  • Austin is the NEW Tech Hub w/ Skill Base fed by University of Texas
  • Major Employers: Dell Corp, IBM Corp, Apple, Whole Foods, H-E-B
  • 3-Mile Estimated Population: 86,432 | AVG HH Income: $121,983
  • Austin – Round Rock – San Marcos (MSA) | Population: 2,168,316+

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