7-Eleven

  • $10,280,373

Overview

  • 7-Eleven
    Tenant(s)
  • $10,280,373
    Price
  • 5.35%
    CAP Rate
  • $550,000
    Net Operating Income (NOI)
  • 15+ Years
    Lease Term
  • 10% Every Five Years
    Increases
  • Nov 2025
    Rent Commencement
  • Abs. NNN
    Lease Type
  • Nov 2040
    Lease Expiration
  • 5 x 5 Yr
    Options
  • 5,356
    Building Size (SF)
  • 2025
    Year Built
  • 3.96
    Land Size (AC)
  • Corporate
    Guaranty
  • None
    Landlord Responsibilities

Description

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 433 NE 8th St., Premont, TX 78375. The site consists of roughly 5,356 rentable square feet of retail space on an estimated 3.96-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 15+Years Remaining. The annual rent is $550,000 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.

    • Strategically positioned along U.S. Highway 281 (13,300 VPD) with hear connectivity to South Broadway Street (14,600 VPD) benefitting from strong daily traffic flow within the main commercial corridor of Premont
    • Less than one mile from Premont ISD’s K-12 campuses, serving approximately 782 students across the district
    • Daily school traffic and community events generate consistent visibility and repeat customer flow for nearby retail and quick-service destinations
       
       
    • Part of the broader Corpus Christi-Kingsville-Alice Combined Statistical Area with a population exceeding 470,000 residents, the Premont area benefits from the area’s ongoing infrastructure upgrades

Property Documents

7-Eleven_TX_Premont

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