7-Eleven Convenience
New
For Sale
Contact for pricing
2412 98th St, Lubbock, TX 79423
A corporate-guaranteed NNN lease includes scheduled rent increases and renewal options.
Property SizeContact for details
Days on Market3
Property Features for 2412 98th St
General Information
Standard status
Active
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
Brad Andrews Realty
(806) 368-6554
Listed By:
Seth Watts · License #788882
(806) 470-8662
Source:
Moodyscre
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 2:38PM
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 Brad Andrews Realty
Investment Insights
Based on property information with market context.
A 7-Eleven convenience store is subject to a triple-net lease with approximately 9 years remaining. The lease has a corporate guaranty from 7-Eleven, Inc., scheduled rent increases, and renewal options. Structural and capital obligations are excluded for the landlord under the stated lease terms.
The property is at the signalized intersection of 98th Street and University Avenue in Lubbock, Texas, near a Neighborhood Walmart.
The property is at the signalized intersection of 98th Street and University Avenue in Lubbock, Texas, near a Neighborhood Walmart.
Key Highlights
- Approximately 9 years remain on the triple‑net lease
- Corporate guaranty from 7‑Eleven, Inc.
- Scheduled rent increases and renewal options
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 59%
Shops & Services 41%
Walmart Neighborhood Market
Groceries
34,717 visits/mo
0.2 miles
Stripes
Shops & Services
8,609 visits/mo
0.1 miles
Dollar General
Shops & Services
8,148 visits/mo
0.1 miles
Phillips 66
Shops & Services
5,107 visits/mo
0.1 miles
Conoco
Shops & Services
2,220 visits/mo
0.1 miles
Demographics for 79423, TX
42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A corporate-guaranteed NNN lease includes scheduled rent increases and renewal options.
Where is this grocery and convenience store located?
The property is located at 2412 98th St Lubbock, TX.
What is the asking price?
The asking price for this property is $4,825,260.
What are key features of this property?
This property features: Approximately 9 years remain on the triple‑net lease; Corporate guaranty from 7‑Eleven, Inc.; Scheduled rent increases and renewal options
