7 Eleven

Killeen, Texas is a dynamic city located in Bell County, known for its vibrant community, rich history, and strong military presence. Home to the sprawling Fort Hood military base, Killeen enjoys a diverse population and a thriving economy. The city offers a range of amenities, including shopping centers, restaurants, and recreational facilities, making it an attractive destination for residents and visitors alike. With a growing real estate market and a strategic location in central Texas, Killeen presents numerous opportunities for commercial and retail investments, demonstrating its potential as a prime location for businesses to thrive.ACRE Investment Real Estate Services is proud to present this Absolute NNN investment occupied by a freestanding corporate 7-Eleven convenience store and gas station located in Killeen, Texas. The subject property benefits from its location at the State Highway 201 and West Elm Road. This offering presents an investor with an opportunity to acquire an investment-grade tenant with 10-year lease, located in Killeen, TX, home to over 53,000 soldiers at the United States military base, Fort Hood. The property is an approximately 3,000 SF convenience store with gas pumps, situated on approximately 1.01 acres, a rectangular lot at the southeast corner of State Highway 201 (Clear Creek Road) and West Elm Road, in Killeen, TX. Clear Creek Road is a major throughway that leads directly to Fort Hood Military Base, less than 3 miles to the North. West Elm is another major throughway that intersects through residential neighborhoods to the East and leads to Shoemaker High School, less than a tenth of a mile away. The property is adjacent to an extremely high-grossing McDonald’s and within 3 miles of Killeen-Fort Hood Regional Airport. Other retailers in the area include Shell, Jack in the Box, Sonic Drive-In, Pizza Hut, and Family Dollar. The property is on a 10-year, absolute triple net (NNN) lease to 7-Eleven, Inc. with zero landlord responsibilities. The lease provides for 10 percent increases every five years and four, five-year renewal options. It is currently in the first year of the first option period. With more than 45,900 stores in 17 countries, including 7,800+ in the United States and Canada, 7-Eleven is the world’s largest convenience retailer. The property is situated on the hard corner of East 120th Avenue and Peoria Street just east of Highway 85 and west of Interstate 76, which act as key connectors to Denver’s suburbs and the heart of Denver. With highway traffic counts exceeding 66,000 vehicles per day, the property benefits from its location between two major thoroughfares. Prairie View High School and Middle School sit directly east of the property while dense residential neighborhoods are located to the south.