7-Eleven

433 NE 8th St., Premont, TX

Price $10,280,373
CAP Rate 5.35%
Lease Term 15+ Years
Net Operating Income (NOI) $550,000

Property Data

Building Size (SF) 5,356
Land Size (AC) 3.96
Year Built2025

Tenant(s) 7-Eleven
Guaranty Corporate
Lease Type Abs. NNN

Landlord Responsibilities None
Increases 10% Every Five Years

Options 5 x 5 Yr
Rent Commencement Nov 2025
Lease Expiration Nov 2040

Offering Memorandum

Contact Broker

About Property

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.

Investment Highlights

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