7-ELEVEN

Representative Photo

Representative Photo

Address: 5000 W Slaughter Ln., Bldg 5
Austin, TX 78749

Price: $6,346,000

NOI: $295,089

Building Size: +/- 3,042 SF

Lot Size: +/- 1.11 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.
The immediate trade area features an average household income of nearly $122,000 within 3mi radius. Property lies within 1.5 mi of 4 apartment complexes (1,349 total units), 2 schools (4,030 total students), and University of St. Augustine for Health Sciences.
Property is approximately 10 miles from downtown Austin, TX.