7-ELEVEN

Representative Photo

Representative Photo

Address: 701 W. Braker Ln, Austin, TX 78753

Price: $6,375,000

NOI: $296,423

Building Size: +/- 3,061 SF

Lot Size: +/- 1.41 Acres

Type: Convenience & Fuel

Russel Smith

214.915.8890

Bob Moorhead

214.915.8890


 

INVESTMENT OVERVIEW

New 15 year absolute triple net lease with four (5-year) options to renew, creating a stable cash flow asset with no landlord responsibilities.
10% rent increases beginning in year 11 and every 5 years thereafter, providing a strong hedge against inflation.
Strategically located at the southeast quadrant of Braker Ln (27,000 VPD) and Lamar Blvd (39,000 VPD) in Austin, TX.
Lamar Blvd is a north-south retail corridor that provides direct access to downtown Austin.
There are nearly 140,000 people within a 3mi radius.