San Antonio, TX - 7-Eleven

Description:

SRS Real Estate Partners-Austin, LLC is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in
an absolute NNN leased 7-Eleven investment property located in San Antonio, Texas. The tenant, 7-Eleven, Inc., has approximately 10 years remaining on its lease with five (5-year) options to extend. The lease features 7.5% rental increases every five years throughout the initial term and at the beginning of each option period, providing steady NOI growth. The absolute NNN lease features no ongoing landlord maintenance responsibilities, making it an ideal, management-free investment opportunity. Additionally, the fee simple ownership of the property may offer significant bonus depreciation benefits for qualified investors.

The subject property is strategically positioned at the signalized intersection of San Pedro Avenue and Jackson Keller Road, which experience approximately 42,700 combined vehicles passing by the
site daily. The property benefits from excellent visibility and convenient access along an established commercial corridor. Nearby national retailers include H-E-B, Target, Walmart, Walgreens, McDonald’s, Ross Dress for Less, and Best Buy. The property is also near North Star
Mall and Park North Shopping Center, providing access to major retail destinations and consumer traffic.

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Listing ID: a28TP000003d1IfYAI