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    105 Stassney Ln Austin, TX 78745

    Sponsored
    For Sale
    $4,433,685

    High-performing 7-Eleven, Austin, TX. Strong lease terms.

    Property size:
    5,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 7-Eleven convenience store and gas station in Austin, Texas. The property boasts a 5,600 square foot building on a 1.75-acre lot, constructed in 2012 and renovated in 2018. Currently operating under a corporate-guaranteed Absolute NNN lease with 7.7 years remaining, the lease features four, five-year renewal options with a 10% rent increase every five years. The property generates a substantial net operating income (NOI) of $310,358, representing a 7.00% cap rate. The asking price is $4,433,685, translating to $791.73 per square foot. The location benefits from high visibility and traffic volume, situated near major retailers and within eight miles of Austin-Bergstrom International Airport. The property includes ten gas pumps and enjoys 100% occupancy. This leasehold investment offers significant potential for long-term growth and passive income, further enhanced by the tax advantages of Texas's income-tax-free status and potential bonus depreciation benefits. The property's prime location within the rapidly expanding Austin MSA ensures continued strong performance. The 7-Eleven is an Evolution Store, incorporating innovative features and a modern design.

    Property Features for 105 Stassney Ln

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,600 SF
    Class
    A
    Lot Size
    76,230 SF

    Building Details

    Year Built/Renovated
    2012/2018

    HighLights

    • Corporate Absolute NNN Leasehold: Nearly 9 years remaining, with 10% rent increases every 5 years.
    • High‑Traffic Location: Hard corner of S Congress Ave/E Stassney Ln (55,000 VPD), near I‑35 (176,000 VPD).
    • Bonus Depreciation Opportunity: Leasehold ownership allows for accelerated bonus depreciation. Consult your tax professional.
    • Excellent Location: Strong visibility in the growing Austin MSA, near numerous national retailers including Lowe's, Home Depot, and HEB.
    • Airport Proximity: Within 8 miles of Austin‑Bergstrom International Airport.
    • Strong Texas Economy: Texas boasts a robust economy, ranking as the world's 9th largest.
    Property Profile Location Intelligence

    Current Use by Public Records

    7-Eleven Convenience Store Bahama Buck's - Austin ... Dessert Shop Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.774402967561
    Latitude
    30.204469132162

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    FAQs

    What type of property is this?
    Individual retail property - High-performing 7-Eleven, Austin, TX. Strong lease terms.
    Where is this individual retail property located?
    The property is located at 105 Stassney Ln Austin, TX.
    What is the asking price?
    The asking price for this property is $4,433,685.
    What are key features of this property?
    This property features: Corporate Absolute NNN Leasehold: Nearly 9 years remaining, with 10% rent increases every 5 years.; High-Traffic Location: Hard corner of S Congress Ave/E Stassney Ln (55,000 VPD), near I-35 (176,000 VPD).; Bonus Depreciation Opportunity: Leasehold ownership allows for accelerated bonus depreciation. Consult your tax professional.
    Request Owner's contact information
    105 Stassney Ln Austin, TX 78745
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    Austin, TX 78745
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Stassney Ln Austin, TX 78745
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