7-Eleven E Hwy 290 & Nutty Brown Road, USA

E Hwy 290 & Nutty Brown Road, USA

Price: $6,713,000
Cap Rate: 4.50%
NOI: $302,091
Building Size: Approx. 4,500 Sq. Ft.
Lot Size: Approx. 1.03 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2021 Construction. 4,500+/- SF Building on 1.03+/- Acre Site
  • Brand New 15-Year Corporate Absolute NNN Lease w/ 10% Rent Bumps
  • Excellent Location at Corner of Highway 290 & Nutty Brown Rd (70K VPD)
  • Near IHOP, Chick-Fil-A, Dunkin’, Burger King, CVS, Jersey Mike’s Subs, Ace Hardware
  • Strong Income Demos with $160,101 within a 1-mile Radius
  • Austin was Named the No. 1 Place to Live in America by Forbes 3 Years in a Row
  • Austin  |  11th Most Populous City in U.S.  |  Population: 964K+