7-Eleven

• 2021 Renovation-to-Suit for 7-Eleven
• 10 Years remaining on an initial 15-year ABS NNN lease
• Extremely attractive 10% rent bump on 10/1/31
• Subject property qualifies for bonus depreciation (consult with a tax professional for details)
• 5-mile population in excess of 52,048 residents • Traffic counts on Hwy 290 of 45,571 vehicles daily
• Manor is an affluent suburb of Austin with an average household income in excess of $113,163
• Austin is the #2 fastest growing major metropolitan area in the United States
• Nearby national tenants include Dutch Bros, Chick Fil A, HEB, Whataburger, Panda Express, Whole Foods, McDonalds, The Home Depot, and many more
• Texas is an income tax-free state
• 7-Eleven is the world’s largest convenience store chain with more than 87,000 stores in 20 countries
• 25% of the U.S. population lives within one mile of a 7-Eleven stores
• 7-Eleven holds a S&P credit rating of “A-” and is publicly traded “SVNDY”
• 7-Eleven plans to add 1,300 new stores in North America by 2030 as part of their aggressive worldwide expansion plan