NNN Retail Advisors Completes Sale of Absolute NNN Leased 7-Eleven/Stripes in Lubbock, Texas

NNN Retail Advisors is pleased to announce the sale of a recently built, absolute triple net leased, 7-Eleven Store in Lubbock, Texas.  The lease, guaranteed by 7-Eleven Inc., has over 10 years remaining on its primary term, which includes 2% annual increases.  Lubbock, best known as the home of Texas Tech University, is the economic, educational, and medical hub of West Texas.  With a population of about 265,000, it offers a diversified economy, relatively low cost of living, and strong regional pull for retail, healthcare, and business services.  Gavin Kam and Brad Kam represented the seller, a preferred build to suit developer of 7-Eleven/Stripes stores in Texas.