7-Eleven

1910 E Main St, Alice, TX 78332

7-Eleven

Price $7,689,320
CAP Rate 5.15%
Lease Term 14+ Years
Net Operating Income (NOI) $396,000

Property Data

Building Size (SF) 4,874
Land Size (AC) 1.94
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 Sep 2025
Lease Expiration Sep 2040

Offering Memorandum

Contact Broker

About Property

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 1910 E Main St, Alice, TX 78332. The site consists of roughly 4,874 rentable square feet of retail space on an estimated 1.94-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease. The annual rent is $396,000 with scheduled 10% Every Five Years in Primary Term and Option Periods.

Investment Highlights

Brand new 15-year absolute NNN lease with 10% rental increases every five years
The subject property is ideally positioned just off the intersection of E. Main Street (22,913 VPD) and Flournoy Road (8,170 VPD). E. Main Street serves as the primary thoroughfare in Alice, Texas, offering excellent visibility and accessibility
Close proximity to Christus Sphon Health System which generates over $424M+ revenue and features 135-beds and 207-staff. The property is adjacent to Alice High School with yearly enrollments exceeding 1,276 Students
Alice, Texas is strategically located just 45 minutes west of Downtown Corpus Christi, with direct access via TX-44 and US-281. This prime location serves as a regional hub, connecting residents and businesses to several surrounding towns and key South Texas markets, making it an ideal destination for commerce and growth