7-Eleven Georgetown, TX 78628

1315 W University Ave
Georgetown, TX 78628

Price: $8,239,000
Cap Rate: 4.00%
NOI: $329,570
Building Size: Approx. 4,500 Sq. Ft.
Lot Size: Approx. 1.26 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,500+/- SF Building on 1.26+/- Acre Site
  • New 15 Yr Corporate Abs. NNN Lease w/ 10% Rent Increases Starting in Yr 11
  • Strategically Located Along TX-29 (University Ave), Just West of I-35
  • 7-Eleven has Never Defaulted on a Lease in the History of Tenant Operations
  • Subject Property Located Immediately Next to Wolf Ranch Town Center (627K SF)
  • Strong Income Demos w/ an est. $135,969 within a 1-Mile Radius
  • Georgetown  |  28 Miles from Downtown Austin  |  Population: 63,000+