Arlington, TX - 7-Eleven

Description:

Absolute Net Ground Lease | Fee Interest (Land)
Just under 10 years remaining with no landlord maintenance responsibilities
Ideal management-free investment for a passive investor

Fixed Rental Increases
The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, increasing the NOI and providing a hedge against inflation

Investment Grade Tenant | Corporate Lease
The lease is signed by 7-Eleven, Inc., an investment grade (S&P: A) retailer and a globally recognized and established convenience store/gas operator (13,000+ sites in the US and Canada)

Densely Populated and Affluent Trade Area
More than 118,000 residents and 74,000 employees within 3 miles with an average household income over $84,000, projected to increase to ~$91,000 by 2030

High Traffic / Excellent Visibility
Located at the signalized intersection of North Collins Street and East Road to Six Flags Street with a combined 48,876 VPD
Just south of the on-ramp to Interstate 30 (136,636 VPD)

Major Education Center Proximity
2.5 miles northeast of the University of Texas at Arlington, with over 41,000 students; 1,500+ faculty members and 2,500+ staff members as of Fall 2024
2 miles east of Lamar High School with over 2,500 students
3 miles northeast of Arlington High School with over 2,500 students

Tax Free State
Texas is an income tax free state