7-Eleven Austin, TX

1800 East Slaughter Lane
Austin, TX

Price: $8,900,950
Cap Rate: 4.15%
NOI: $369,389
Building Size: Approx. 6,400 Sq. Ft.
Lot Size: Approx. 1.59 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built / Renovated: 2015 / 2020

Investment Overview

  • 2020 Renovation. 6,400+/- SF Building on 1.59+/- Acre Site
  • Approx. 13 Yrs left on Abs. NNN Lease w/ 10% Rent Bumps Every 5 Yrs. Starts Yr 11
  • 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
  • Subject Property Just 2 Miles East of I-35 (240K VPD)
  • Across from Goodnight Ranch Mixed-Use Development (Over 700 Acres)
  • Within a 6 Min. Drive from SouthPark Meadows Mixed-Use Development
  • Austin  |  Fastest Growing MSA in the Nation  |  MSA Population: 2.29 Million+