3401 S Broadway AveTyler, TX 75701

For Sale
$4,652,175
NNN Leased Tyler, TX 7-Eleven

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 located at 3401 S Broadway Ave, Tyler, TX 75701. The property boasts a 2,340 square foot building situated on a 1.8774-acre lot. This asset is corporately guaranteed by 7-Eleven and operated by Montfront, a franchisee, ensuring a stable and reliable income stream. The lease agreement includes zero landlord obligations, a significant advantage for investors. Furthermore, the lease features attractive 7.5% rental increases every five years, providing consistent growth potential. The lease also includes three, five-year renewal options, offering long-term security. This prime location along Texas Highway 69 benefits from high visibility and significant traffic volume. The property enjoys a strong retail environment, surrounded by numerous national brands including Taco Bell, AutoZone, Arby's, and IHOP. Tyler, Texas, the county seat of Smith County, is a thriving city with a population exceeding 105,000, serving as a major economic, educational, and cultural hub for Northeast Texas. This strategic location, coupled with the strength of the 7-Eleven brand and the favorable lease terms, makes this an exceptional investment opportunity with significant long-term growth prospects. The property is offered at $4,652,175.

Highlights

  • Corporate-guaranteed 7-Eleven in high-traffic Tyler, TX location.
  • NNN lease with zero landlord responsibilities; 7.5% rent increases every 5 years.
  • Prime location on TX Highway 69, near major retailers like Taco Bell and AutoZone.

Property Details for 3401 S Broadway Ave

Property type
Retail properties
Square Feet
2,340 SF
Price / Square Foot
$1,988.11
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
817,795,440 SF
Units
1

Location Insight

City
Tyler
County
State
Texas

FAQs

What type of property is this?
Retail property - NNN Leased Tyler, TX 7-Eleven
Where is the retail property located?
The property is located at 3401 S Broadway Ave Tyler, TX.
What is the asking price?
The asking price for this property is $4,652,175.
What are key features of this property?
This property features: Corporate-guaranteed 7-Eleven in high-traffic Tyler, TX location.; NNN lease with zero landlord responsibilities; 7.5% rent increases every 5 years.; Prime location on TX Highway 69, near major retailers like Taco Bell and AutoZone.
How can I contact the broker?
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3401 S Broadway Ave
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