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    708 Us-77 Schulenburg, TX 78956

    For Sale
    $3,048,000

    High-return 7-Eleven NNN lease. Prime location.

    Property size:
    4,991 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity presents a 4,991-square-foot 7-Eleven gas station and convenience store located at 708 US-77 in Schulenburg, Texas, 78956. The property sits on a 1.15-acre lot and boasts 16 gas pumps across four fuel islands, a canopy, and a prominent high-pole sign. Built in 2009 and renovated in early 2022, this single-story building is currently operating at 100% occupancy under an absolute NNN lease with 6 years remaining. The lease features annual rent increases and benefits from 7-Eleven's strong AA- S&P credit rating. The property generates a substantial net operating income (NOI) of $300,310, resulting in a compelling 10.15% cap rate. Strategically positioned at a signalized intersection with convenient on/off ramp access to Interstate 10, this location benefits from high traffic volume. The asking price is $3,048,000, translating to $660.18 per square foot. This turnkey investment offers significant long-term potential with minimal landlord responsibilities. The property's prime freeway location and strong tenant ensure a stable and lucrative investment opportunity. Schulenburg's central location between major Texas cities further enhances its appeal.

    Property Features for 708 Us-77

    General Information

    Property type
    Automotive properties
    Square Feet
    4,991 SF
    Lot Size
    50,094 SF

    Building Details

    Year Built
    2009
    Buildings
    1
    Stories
    1

    HighLights

    • $3,048,000 asking price for this 4,991 square foot 7‑Eleven gas station.
    • Absolute NNN lease with no landlord responsibilities.
    • 5.5+ years remaining on the 7‑Eleven lease with annual rent increases.
    • 7‑Eleven's strong S&P credit rating of AA-.
    • Prime freeway location with convenient on/off ramp access; 16 gas pumps across four islands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schulenburg
    County
    Fayette
    State
    Texas
    Longitude
    -96.9032639
    Latitude
    29.6946996

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    FAQs

    What type of property is this?
    Automotive property - High-return 7-Eleven NNN lease. Prime location.
    Where is this automotive property located?
    The property is located at 708 Us-77 Schulenburg, TX.
    What is the asking price?
    The asking price for this property is $3,048,000.
    What are key features of this property?
    This property features: $3,048,000 asking price for this 4,991 square foot 7-Eleven gas station.; Absolute NNN lease with no landlord responsibilities.; 5.5+ years remaining on the 7-Eleven lease with annual rent increases.
    Request Owner's contact information
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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
    708 Us-77 Schulenburg, TX 78956
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