For Sale 7-Eleven Stripes 10408 Zac Lentz Parkway, Victoria, TX Cap Rate 7% La Victoria ( Texas, US ) Built

$2,233,229 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 3,371 sq. ft.
  • Development Level: Built
  • Lot Size: 0.5 acres

Description

For Sale 7-Eleven Stripes 10408 Zac Lentz Parkway, Victoria, TX Cap Rate 7%

Cap Rate: 7%
NOI: $156,326
Pro Forma Cap Rate: 7%
Building Size: 3,371 sqft
Lot Area: 0.5 acres
Lease Type: Absolute Net
Tenancy: Single

DESCRIPTION
This property was part of 7-Eleven’s recent acquisition of 1,030 Sunoco/Stripes convenience stores in 17 states, in late 2017. This acquisition by 7-Eleven, Inc. was the largest acquisition in 7-Eleven’s history and brings their total stores to about 9,700.

HIGHLIGHTS
• Lease: Absolute triple net, no landlord responsibilities
• Lease Term: Original 20-year lease expiring December 31,2025. Annual rent increases the lessor of 1.5% or CPI.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#442484695
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Information is deemed to be correct but not guaranteed.