2020 East 7th Street
Austin, TX
Price:
$6,972,000
Cap Rate:
4.25%
NOI:
$296,292
Building Size:
Approx. 3,010 Sq. Ft.
Lot Size:
Approx. 0.54 Acres
Type:
Single-Tenant / Retail
Sub Category:
Fuel Station
Year Built:
2020
Investment Overview
- 2020 Construction. 3,010+/- SF Building on 0.54+/- Acre Site
- Brand New Build-to-Suit 7-Eleven with 10% Rent Bumps Every 5-Years
- Located on E. 7th Street (30,202 VPD) in Downtown Austin
- Near H-E-B, Family Dollar, AutoZone Auto Parts, The UPS Store, Chase Bank
- Less Than 4 Miles from Austin Bergstrom International Airport (17M Passengers Annually)
- Strong Income Demos with $92,428 within a 5-mile Radius
- Austin | Forbes’ #1 Place to Live in America | Population: 900 Thousand+