7-Eleven

12475 TX-188, Sinton, TX 78387

7-Eleven

Price $10,035,000
CAP Rate 5.30%
Lease Term 13+ Years
Net Operating Income (NOI) $531,805

Property Data

Building Size (SF) 4,650
Land Size (AC) 4.48
Year Built2024

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

Landlord Responsibilities None
Increases 7.5% Every Five Years

Options 4 x 5 Yr
Rent Commencement 2/28/2024
Lease Expiration 2/28/2039

Offering Memorandum

Contact Broker

About Property

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 12475 TX-188, Sinton, TX 78387. The site consists of roughly 4,650 rentable square feet of retail space on an estimated 4.48-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 13+-Years Remaining. The annual rent is $531,805 with scheduled 7.5% rental increases Every Five Years in Primary Term and Option Periods.

Investment Highlights

New 2024 Construction Absolute NNN Lease with 13+ Years Remaining and 4 (5-Year) Options to Extend
Situated just off Highway 89, a key corridor connecting Corpus Christi to San Antonio, offering high visibility and regional access
Surrounded by established tenants including Dairy Queen, Whataburger, H-E-B, Dollar General, O’Reilly Auto Parts, Subway, Valero, and more
Only 20 miles north of the 8th most populated city in Texas, capturing both local and regional traffic.
Growing Regional Economy - Corpus Christi’s industrial, petrochemical, and port sectors drive population and employment growth in Sinton and surrounding communities