7-Eleven

  • $10,173,870

Overview

  • 7-Eleven
    Tenant(s)
  • $10,173,870
    Price
  • 5.40%
    CAP Rate
  • $549,389
    Net Operating Income (NOI)
  • 15 Years
    Lease Term
  • 7.50% Every Five Years
    Increases
  • Abs. NNN
    Lease Type
  • April 2025
    Rent Commencement
  • April 2040
    Lease Expiration
  • 5 x 5 Yr
    Options
  • 4,850
    Building Size (SF)
  • 2025
    Year Built
  • 7.36
    Land Size (AC)
  • Corporate
    Guaranty
  • None
    Landlord Responsibilities

Description

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 2000 US-77, Kingsville, TX 78363. The site consists of roughly 4,850 rentable square feet of retail space on an estimated 7.36-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 14+Years Remaining. The annual rent is $549,389 with scheduled 7.50% rental increase Every Five Years in Primary Term and Option Periods.

    •  Located at the intersection of US Highway 77 & Carlos Truan Blvd (±16,000+ VPD), offering excellent exposure along a major north–south corridor connecting Corpus Christi to Harlingen and beyond.

    • Situated directly across from NAS Kingsville, a major U.S. Navy training base employing over 1,400 personnel, providing a strong and stable daytime population driver.

    • Benefits from proximity to the planned I-69 connector, a significant infrastructure project enhancing regional connectivity from Mexico to Canada and supporting long-term growth.

    • Located near King Ranch, one of the largest and most iconic ranches in the U.S., spanning ~825,000 acres, driving tourism, employment, and long-standing economic influence throughout the Kingsville market.

    • Kingsville is home to Texas A&M University–Kingsville (±7,000 students), the historic King Ranch, and a diverse employment base, supporting consistent consumer demand.

Property Documents

7-Eleven_TX_Kingsville

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