7-Eleven State Hwy 71 & Serene Hills Drive, USA

State Hwy 71 & Serene Hills Drive, USA

Price: $7,831,500
Cap Rate: 4.25%
NOI: $332,824
Building Size: Approx. 4,510 Sq. Ft.
Lot Size: Approx. 1.06 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2021 Construction. 4,510+/- SF Building on 1.06+/- Acre Site
  • Brand New 15 Yr. Corporate Absolute NNN Lease w/ 10% Rent Bumps Starting Yr 11
  • Located at Signalized Intersection of Hwy 71 and Serene Hills Drive (56K VPD)
  • Near Randalls, Target, Home Depot, PetSmart, Marshalls, HomeGoods, Best Buy, H-E-B
  • Strong Income Demos with $172,696 within a 1-mile Radius
  • Austin  |  Capital of Texas  |  Population: 964,000+