7-Eleven (Leasehold)

105 E Stassney Ln, Austin, TX 78745

  • For Sale $4,433,685
  • Property Type Retail - Freestanding
  • Property Size 5,292 SF
  • Lot Size 1.75 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2012
  • Year Renovated 2018
  • Date Updated Apr 25, 2024
Austin is the capital city of the U.S. state of Texas, as well as the seat and most populous city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 10th-most populous city in the United States, the fourth-most populous city in Texas, and the second-most populous state capital city. It has been one of the fastest growing large cities in the United States since 2010. Downtown Austin and Downtown San Antonio are approximately 80 miles apart, and both fall along the Interstate 35 corridor. Austin is the southernmost state capital in the contiguous United States and is considered a Beta-level global city as categorized by the Globalization and World Cities Research Network. As of 2021, Austin had an estimated population of 964,177, up from 961,855 at the 2020 census. The city is the cultural and economic center of the Austin–Round Rock metropolitan statistical area, which had an estimated population of 2,421,115 as of July 1, 2022. Located in Central Texas within the greater Texas Hill Country, it is home to numerous lakes, rivers, and waterways, including Lady Bird Lake and Lake Travis on the Colorado River, Barton Springs, McKinney Falls, and Lake Walter E. Long. Emerging from a strong economic focus on government and education, since the 1990s, Austin has become a center for technology and business. The technology roots in Austin can be traced back to the 1960s when Tracor (now BAE Systems), a major defense electronics contractor, began operation in the city in 1962. IBM followed in 1967, opening a facility to produce its Selectric typewriters. Texas Instruments setup in Austin two years later, Motorola (now NXP Semiconductors) started semiconductor chip manufacturing in 1974. BAE Systems, IBM, and NXP Semiconductors still have campuses and manufacturing operations in Austin as of 2022. A number of Fortune 500 companies have headquarters or regional offices in Austin, including 3M, Advanced Micro Devices (AMD), Amazon, Apple, Facebook (Meta), Google, IBM, Intel, NXP Semiconductors, Oracle, Tesla, Texas Instruments, and Whole Foods Market. Dell's worldwide headquarters is located in the nearby suburb of Round Rock. With regard to education, Austin is the home of the University of Texas at Austin, which is one of the largest universities in the U.S., with over 50,000 students. In 2021, Austin became home to the Austin FC, the first (and currently only) major professional sports team in the city.

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Attachments

Highlights

  • CORPORATE ABSOLUTE NNN LEASEHOLD - Just under 9 years remaining on Corporate Absolute NNN Leasehold with 10% rent increases every 5 years in initial term and option periods.
  • HIGH TRAFFIC SITE - Located at the Hard Corner of intersection S Congress Avenue/E Stassney Lane (55,000 VPD), just northwest of I-35 (176,000 VPD).
  • BONUS DEPRECIATION - Leasehold ownership of a Gas Station provides the landlord the opportunity to use accelerated Bonus depreciation model (see Page 7). Consulting your Accountant or Tax Attorney is advised.

Contacts

broker

Michael Matusik

Prime Net Lease

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Austin, TX
  • Neighborhood South Congress
  • Zip Code 78745
  • Market Austin

Points of Interest

  • Zilker Zephyr

    4.18 miles

  • Downtown

    4.71 miles

  • MLK Jr.

    6.53 miles

  • Crestview

    9.85 miles

  • GARAGE 1 GARAGE ONE

    0.54 miles

  • Texaco

    0.84 miles

  • BMW SOUTH AUS CPE100STATION 1

    0.85 miles

  • BMW SOUTH AUS CPE100STATION 2

    0.85 miles

  • BMW SOUTH AUS CPE100STATION 3

    0.85 miles

  • Clay Cooley Nissan

    0.90 miles

  • Shell

    0.90 miles

  • Exxon

    0.99 miles

  • Exxon

    1.39 miles

  • Shell

    1.41 miles

  • Garrison Park Ball Field Parking

    1.46 miles

  • Visitor Parking

    1.53 miles

  • Garrison Park Parking Area

    1.66 miles

  • County Office Parking Garage

    2.59 miles

  • Austin ISD - School Bus Depot

    2.94 miles

  • Upper McKinney Falls Parking

    3.20 miles

  • Lower Falls Parking

    3.41 miles

  • South Barton Creek Greenbelt Parking

    3.49 miles

  • CTM Parking

    3.64 miles

  • HACA Employee Parking

    3.64 miles

  • El Pollo al Carbon

    0.54 miles

  • Krispy Kreme

    0.55 miles

  • Buffalo Wild Wings

    0.64 miles

  • Trudy's South Star

    0.65 miles

  • Dimassi's Mediterranean Buffet

    0.67 miles

  • Umi Sushi Bar & Grill

    0.69 miles

  • Jack in the Box

    0.79 miles

  • Popeyes

    0.84 miles

  • Schlotzsky's

    0.85 miles

  • Villa Mexico

    0.86 miles

  • H-E-B

    1.13 miles

  • Burlington

    1.15 miles

  • Walmart Supercenter

    1.70 miles

  • Randalls 2485

    1.98 miles

  • Sprouts Farmers Market

    2.03 miles

  • Target

    2.26 miles

  • Central Market

    2.31 miles

  • Wheatsville Co-op

    2.39 miles

  • H-E-B

    2.56 miles

  • Sprouts Farmers Market

    2.59 miles

Frequently Asked Questions

How much does 7-Eleven (Leasehold) cost?

The space currently listed for sale at 7-Eleven (Leasehold) asks for $4,433,685.

What is the total square footage of 7-Eleven (Leasehold)?

7-Eleven (Leasehold) totals 5,292 square feet.

When was this property built?

7-Eleven (Leasehold) was built in 2012.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Michael Matusik

Prime Net Lease