| Purchase Price | $8,452,631 |
|---|---|
| Annual Rental Income | $401,500 |
| Cap Rate | 4.75% |
| Lease Term | 15 Years |
| City | Austin MSA |
7‑Eleven Triple Net Investment Opportunity
Austin MSA, Texas
This offering presents the opportunity to acquire a newly developed 7‑Eleven convenience store and fueling station located in the dynamic and fast‑growing Austin Metropolitan Statistical Area. With its prime hard‑corner positioning, fee simple ownership, absolute triple net lease, scheduled rental increases, and corporate guarantee, this property provides a secure, long‑term investment backed by one of the strongest retail tenants in the market. The asset is designed for investors seeking passive, predictable income in a market characterized by robust population growth, exceptional household incomes, and expanding economic drivers.
Location and Market Overview
The property is strategically situated at a signalized hard corner within the Austin MSA, one of the fastest‑growing regions in the country. Austin is nationally recognized for its booming economy, vibrant culture, and strong quality of life, consistently ranking among the top U.S. metro areas for population growth, business expansion, and employment. The site benefits from traffic counts exceeding 55,000 vehicles per day on its primary frontage road, with an additional 30,000 to 40,000 vehicles on the intersecting roadway, ensuring daily exposure to tens of thousands of commuters and residents.
The Austin metropolitan area now exceeds 2.4 million residents, with growth projected to continue at a pace nearly three times the national average. Much of this growth is fueled by a steady influx of technology companies, healthcare systems, education institutions, and financial services firms, all contributing to a highly educated, affluent population base. The immediate trade area surrounding the property reflects this demographic strength, with above‑average household incomes and consistent demand for daily convenience retail.
Demographics
Within a one‑mile radius of the property, the average household income exceeds $95,000, while the three‑mile trade area surpasses $105,000. In the five‑mile radius, population exceeds 200,000 and continues to rise, supported by ongoing residential development and corporate relocation into the Austin region. Per capita income within this corridor is over $46,000, and the percentage of households earning more than $150,000 annually is significantly higher than the national average. These demographics point to an affluent consumer base with strong spending power, ensuring robust sales for a convenience store and fueling tenant such as 7‑Eleven.
Property Details
The subject property occupies a large parcel of approximately 1.1 acres, providing ample site utility for a modern fueling canopy, convenience store building, parking, and clear ingress and egress points. Located on a prominent hard corner controlled by a four‑way signalized intersection, the site enjoys exceptional visibility and access from both major roadways. The parcel is fee simple, offering the investor full ownership of land and improvements without the encumbrance of a ground lease. This ownership structure provides maximum control, easier financing options, and greater long‑term flexibility.
The property design accommodates a high volume of daily traffic with multiple fueling positions, generous parking, and efficient site circulation. Prominent pylon and building signage ensure excellent branding visibility to the steady stream of traffic passing the property daily. The large parcel also provides future redevelopment potential, whether through expansion, co‑tenancy, or repositioning, should the investor choose to pursue long‑term value‑add opportunities.
Lease Structure and Tenant Guarantee
The property is leased to 7‑Eleven, Inc. under an absolute triple net lease. The tenant is responsible for all operating expenses, including taxes, insurance, and the repair and replacement of roof and structure, leaving the landlord with no management responsibilities. The initial lease term is 15 years, with four successive five‑year renewal options, providing up to 35 years of secure tenancy. Rent increases of 10 percent are scheduled every five years throughout the base term and renewal options, ensuring steady income growth over time.
7‑Eleven, Inc., a global leader in the convenience retail sector, backs the lease with a corporate guarantee. With thousands of locations across the United States and an A‑rated credit profile, 7‑Eleven provides a high degree of financial stability and reliability. The company has a strong history of consistent growth, further reinforced by its national reputation and dominance in the convenience store industry.
Tax Benefits and Bonus Depreciation
This property also provides investors with significant tax advantages. As a newly constructed convenience and fueling station, it qualifies for bonus depreciation and accelerated cost segregation treatment under current federal tax law. These benefits allow investors to capture substantial upfront deductions in the early years of ownership, significantly enhancing after‑tax returns. For high‑income individuals and exchange buyers, this makes the property not only a secure source of rental income but also a highly efficient tax strategy.
Surrounding Area and Trade Drivers
The Austin MSA is one of the most dynamic markets in the nation, with rapid in‑migration, strong job growth, and a booming technology sector that has earned the city the nickname “Silicon Hills.” Companies such as Tesla, Apple, Google, Samsung, and Oracle have all established or expanded operations in the region, driving demand for housing, services, and retail. The city is also home to the University of Texas at Austin, a major research institution with over 50,000 students, and a vibrant healthcare sector anchored by multiple hospital systems.
The property benefits from its location within a high‑growth suburban corridor of Austin, surrounded by new residential subdivisions, multifamily communities, and retail developments. Daytime traffic is supported by nearby schools, business parks, and healthcare facilities, ensuring steady customer flow throughout the day. Accessibility is excellent, with major highways and arterial roads connecting the property to Austin’s central business district and surrounding communities.
Investment Highlights
Buyer Profile and Financing
This 7‑Eleven property is an ideal fit for private investors, family offices, institutional funds, and 1031 exchange buyers seeking a long‑term, low‑maintenance investment with predictable cash flow. The absolute NNN lease and fee simple ownership make the property highly financeable through both conventional lenders and exchange‑driven acquisitions. Investors benefit from the security of a nationally recognized corporate tenant, long‑term lease stability, and escalating income supported by strong market fundamentals.
Conclusion
This 7‑Eleven in the Austin MSA offers an unparalleled opportunity to secure a premier net lease investment in one of the nation’s fastest‑growing metro areas. With its absolute triple net lease, corporate guarantee, rental escalations, and fee simple ownership, the property delivers both immediate stability and long‑term growth potential. The combination of a high‑traffic hard corner location, affluent demographics, and a thriving regional economy makes this asset a compelling choice for investors focused on passive, inflation‑protected income and strong tax advantages.
Interested parties are encouraged to contact us for the full offering memorandum, financial analysis, and next steps in the acquisition process.