Sale of Absolute NNN Leased 7-Eleven/Stripes in Lubbock, Texas
NNN Retail Advisors announces the successful disposition of a newly constructed, absolute triple-net leased 7-Eleven Inc. property in Lubbock, Texas. The asset is secured by a long-term corporate-guaranteed lease with more than 10 years remaining and built-in 2% annual rent increases, delivering durable income and long-term stability for investors. Positioned in one of West Texas’ most important regional centers, Lubbock serves as a major hub for commerce, healthcare, and education. Anchored by Texas Tech University, the market benefits from a diverse economic base, steady population growth of approximately 265,000 residents, and strong retail demand driven by its broad trade area. Gavin Kam and Brad Kam represented the seller, a repeat build-to-suit developer specializing in 7-Eleven/Stripes locations throughout Texas, continuing a long-standing relationship delivering institutional-quality net lease product to the market. Contact Us to learn more.
