7-Eleven

Tyler is a city in the U.S. state of Texas. It is the seat of government of Smith County, and the largest city in Northeast Texas. With a 2020 census population of 105,995, Tyler was the 33rd most populous city in Texas and 299th in the United States. It is the principal city of the Greater Tyler metropolitan statistical area, which is the 198th most populous metropolitan area in the U.S. and 16th in Texas after Waco and the College Station–Bryan areas, with a population of 233,479 in 2020.This is the opportunity to purchase a long term absolute NNN leased 7-Eleven in Tyler, Texas. This asset is corporately guaranteed by 7-Eleven but operated by Montfront, a franchisee. The lease calls for zero landlord obligations with 7.5% rental increases every 5 years and three, 5 year options to renew. The site benefits being located along State Highway 64 which gives direct access into Downtown Tyler, and less than 1 mile from a Walmart Supercenter and other retailers that include Dollar Tree, Sonic Drive-In, Pizza Hurt, Starbucks and more.