Net-lease investment offering

7-Eleven

433 NE 8th St, Premont, TX, USA

$10,377,358Asking price
5.30%Capitalization rate
$550,000Net operating income
Upon requestTerm remaining
Offering memorandumComplete investment materials
Request OM
Teddy Leonard
Broker contactsTeddy Leonard
Contact Brokers
7-Eleven
Corporate-guaranteed · Absolute NNN

Offering Details

Lease Economics
Tenant7-Eleven
Lease TypeAbsolute Triple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesNone
Initial Lease TermAvailable upon request
Term RemainingAvailable upon request
Rent CommencementAvailable upon request
Lease ExpirationAvailable upon request
Rental IncreasesAvailable upon request
Renewal Options5 x 5 Yr
Real Estate
Building Area5,356 SF
Land Area3.96 acres
Year Built2025
Ownership InterestAvailable upon request
Property TypeConvenience / fuel
MarketPremont, TX
Address433 NE 8th St, Premont, TX, USA

Investment Overview

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.

  1. 01
    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
  2. 02
    Less than one mile from Premont ISD’s K-12 campuses, serving approximately 782 students across the district
  3. 03
    Daily school traffic and community events generate consistent visibility and repeat customer flow for nearby retail and quick-service destinations
  4. 04
    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
13,300Vehicles per day
14,600Vehicles per day
782Nearby students