User Profile Image

Blake Gastelum

Sands Investment Group

Office Phone: 843-900-6627


Like us on Facebook

Share with Google Plus

Published on: Sunday, April 19, 2015 1:35:46 PM
Updated on: Wednesday, April 22, 2015 5:46:19 AM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-41063

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 0


Building Size: 11,032 SqFt

Lot Size: 2 SqFt.

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing


Offer to Millionaire Club: No

Listing Summary: The Sands Investment Group is a commercial real estate brokerage firm that specializes in buying and selling net lease properties for individuals and institutions throughout the United States.  With a reputation for client-focused, red-carpet service, SIG has rapidly distinguished itself as a preeminent brokerage company in the industry. Leveraging a partnership with KW Commercial, SIG has a presence in 42 states and boasts 28 agents—and growing.  The results speak for themselves: More than 600 transactions; $240 million in current listings; and $2.1 billion in sales.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 6.5

Commission Split (%): 0

Complete Details

Year Build: 0

Building Size: 11,032 SqFt.

No of Stories: 1

Total Lot Area: 1.84 SqFt.

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Metal

Occupancy: 100%

Full Description

Sands Investment Group is pleased to exclusively offer for sale a single tenant triple net leased 7-Eleven in Austin, TX. This service store/gas station location is in Travis County Texas. Austin is the 11th most populous city in the United States and this location boasts a population of almost 188,000 residents within a 5-mile radius. The new construction 7-Eleven consists of a 3,000 SF building on a 68,825 SF lot on the NW corner of Dessau Rd. and Howard Lane. There is a 15 Year NNN Lease in place with minimal landlord responsibility and 10% rent increases every 5 years.

Additional Properties

Property Highlights
  • Single Tenant NNN Investment
  • New Lease with 10 Years Remaining
  • 1.5% Annual Increases Until Year 6
  • One 10 Year Option to Renew
  • Can be Sold Individually or as a Portfolio Destin, FL
Error: Address could not be found.
 LoudLister :: a Social Real Estate resource and offer engine