12440 State Highway 31 W Tyler, TX

Listing office The Kase Group - Corporate k***@thekasegroup.com Show Phone

Listing date Sep 16, 2025

Source Moodyscre

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Investment Insights

Based on property information with market context.

This property, constructed in 1980, features a building of approximately 3,000 square feet situated on a 3.62-acre site. The property is under a corporate absolute NNN lease with over 11 years remaining. The lease includes 7.5% rental increases every 5 years in both the primary term and option periods. Located along State Highway 31 W, which sees over 15,681 vehicles per day, the property is also near State Highway 323 SW, with a traffic count of over 35,620 vehicles per day. Neighboring tenants include Dollar General, Grease Monkey, ABC Supply Co, Caterpillar, and the Scotts Company. The property is less than a 10-minute drive to the Tyler Pounds Regional Airport. Tyler is the commercial and cultural capital of the East Texas region, located 95 miles east of Dallas. 7-Eleven is the world’s largest convenience store chain and continues to develop new stores year-round. Tyler is the largest community in East Texas with a population of over 104,945.

Key Highlights

• Corporate Absolute NNN Lease with 7.5% Rental Increases Every 5 Years
• Located on State Highway 31 W (15,681+ VPD) near State Highway 323 SW (35,620+ VPD)
• Tenant is 7‑Eleven, the World’s Largest Convenience Store Chain

Property Analytics

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FAQs

What type of property is this?

Grocery and convenience store - NNN leased 7-Eleven in Tyler, TX with corporate guarantee.

Where is this grocery and convenience store located?

The property is located at 12440 State Highway 31 W Tyler, TX.

What is the asking price?

The asking price for this property is $4,174,757.

What are key features of this property?

This property features: Corporate Absolute NNN Lease with 7.5% Rental Increases Every 5 Years; Located on State Highway 31 W (15,681+ VPD) near State Highway 323 SW (35,620+ VPD); Tenant is 7‑Eleven, the World’s Largest Convenience Store Chain