12540 State Highway 155 STyler, TX 75703

For Sale
$4,695,652
NNN Leased 7-Eleven, High Traffic Area

Overview

Added:
Jan 27
Days on market:
79
This exceptional investment opportunity presents a chance to acquire a long-term, absolute NNN leased 7-Eleven property situated in Tyler, Texas. The property boasts a 4,800 square foot building on a 2.23-acre lot, strategically located along State Highway 155, a major thoroughfare with over 19,000 vehicles passing daily. This prime location offers excellent visibility and accessibility, just 10 minutes from Downtown Tyler and surrounded by a thriving mix of commercial and industrial businesses. The lease agreement is an absolute NNN lease, meaning zero landlord obligations, and includes a favorable 7.5% rental increase every five years, along with three five-year renewal options. This investment is further enhanced by Tyler's strong economic base, fueled by a significant higher education presence (including the University of Texas at Tyler), major corporations, and a robust healthcare sector. The property's location within the Tyler metropolitan statistical area, a significant economic hub in Northeast Texas, ensures consistent demand and long-term value. This is an exceptional opportunity to acquire a stable, high-performing asset with significant upside potential. The property is offered at $4,695,652.

Highlights

  • Absolute NNN lease with zero landlord responsibilities.
  • High-traffic location on State Highway 155, exceeding 19,000 vehicles daily.
  • Prime Tyler, TX location, near downtown and numerous businesses.

Property Details for 12540 State Highway 155 S

Property type
Retail properties
Square Feet
4,800 SF
Price / Square Foot
$978.26
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
97,269 SF
Units
1

Location Insight

City
Tyler
County
State
Texas

FAQs

What type of property is this?
Retail property - NNN Leased 7-Eleven, High Traffic Area
Where is the retail property located?
The property is located at 12540 State Highway 155 S Tyler, TX.
What is the asking price?
The asking price for this property is $4,695,652.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities.; High-traffic location on State Highway 155, exceeding 19,000 vehicles daily.; Prime Tyler, TX location, near downtown and numerous businesses.
How can I contact the broker?
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12540 State Highway 155 S
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