7-Eleven Convenience
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For Sale
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2020 E SEVENTH ST, Austin, TX 78702
Single-tenant convenience retail property subject to an absolute net lease with 7-Eleven, Inc.
Property Size3,010 SF
Lot Size0.54 Acres
Price / SF$2,279
Days on Market6
Property Features for 2020 E SEVENTH ST
General Information
Standard status
Active
Size
3,010 SF
Lot size
0.54 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute NNN
Net Operating Income
$325,922
Building Details
Year Built
2021
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Northmarq - Chicago
(312) 858-6725
Listed By:
Christian Tremblay · License #475165868
Source:
Crexi
Added: Jul 30
Changed: Aug 3
Last Checked: Aug 3 at 8:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq - Chicago
Investment Insights
Based on property information with market context.
This 3,010-square-foot convenience store was built in 2021 and is occupied by 7-Eleven, Inc. The property covers 0.54 acres and operates under an absolute net lease, providing a defined lease structure for the asset.
Positioned at 2020 E 7th Street in Austin, the property is in East Austin, within blocks of the Sixth Street District and minutes from downtown Austin. The lease has 10 years remaining, includes 10% rental increases every five years, and identifies 7-Eleven, Inc. with an S&P credit rating of A-.
Positioned at 2020 E 7th Street in Austin, the property is in East Austin, within blocks of the Sixth Street District and minutes from downtown Austin. The lease has 10 years remaining, includes 10% rental increases every five years, and identifies 7-Eleven, Inc. with an S&P credit rating of A-.
Key Highlights
- 3,010‑square‑foot convenience store on 0.54 acres
- Built in 2021
- Absolute net lease with 7‑Eleven, Inc.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,393
Businesses Nearby
121k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 37%
Dining 8%
Hotels & Casinos 4%
H-E-B
Groceries
58,141 visits/mo
0.4 miles
7-Eleven
Shops & Services
11,647 visits/mo
0.1 miles
P. Terry's Burger Stand
Dining
8,314 visits/mo
0.3 miles
AutoZone
Shops & Services
7,413 visits/mo
0.5 miles
Valero Energy
Shops & Services
5,981 visits/mo
0.1 miles
Demographics for 78702, TX
25,910
Population
14,573
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
5,182
Density / Sq Mi
$101,304
Median Household Income
$65,876
Median Earnings
$1,966
Median Rent
$644,200
Median Home Value
Market
Vacancy Rate% for Retail in Austin, TX
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Similar Off Market Nearby
- The Bee Grocery — 1001 E 6th St, Austin, TX 78702
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant convenience retail property subject to an absolute net lease with 7-Eleven, Inc.
Where is this grocery and convenience store located?
The property is located at 2020 E SEVENTH ST Austin, TX.
What is the asking price?
The asking price for this property is $6,861,516.
What are key features of this property?
This property features: 3,010‑square‑foot convenience store on 0.54 acres; Built in 2021; Absolute net lease with 7‑Eleven, Inc.
