Net-lease investment offering
7-Eleven
12475 Hwy 188, Sinton, TX
$10,130,000Asking price
5.25%Capitalization rate
$531,805Net operating income
12.3 YearsTerm remaining
Offering memorandumComplete investment materials
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Broker of RecordTeddy LeonardStonecliffTX License No. 631339-B
Corporate-guaranteed · Absolute NNNOffering Details
Investment Economics
Asking Price$10,130,000
Capitalization Rate5.25%
Net Operating Income$531,805
Lease Profile
Term Remaining12.3 Years
Original Lease Term15 Years
Roof / StructureNone
Rent Increases7.50% Every Five Years
Right of First RefusalYes
Lease ExpirationFebruary 28, 2039
Rent CommencementFebruary 28, 2024
Tenant7-Eleven
Lease TypeAbs. NNN
GuarantyCorporate
Landlord ResponsibilitiesNone
Renewal Options4 x 5 Yr
Property
Property TypeConvenience / fuel
Building Area4,650 SF
Land Area4.48 Acres
Year Built2024
Investment Overview
STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 12475 Hwy 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 7.50% rental increase Every Five Years in Primary Term and Option Periods.
- 01Situated just off of Highway 89, a key corridor connecting Corpus Christi to San Antonio, offering high visibility and regional access.
- 02Surrounded by established tenants including Dairy Queen, Whataburger, H-E-B, Dollar General, O’Reilly Auto Parts, Subway, Valero, and more.
- 03Only 20 miles north of the 8th most populated city in Texas, capturing both local and regional traffic.
- 04Corpus Christi’s industrial petrochemical, and port sectors drive population and employment growth in Sinton and surrounding communities.
- 05The property is adjacent to Sinton High School with a student enrollment exceeding 2,014 students.
Location & Market
Sinton, TX · 12475 Hwy 188, Sinton, TX
The property is located in Sinton, TX. The map and market indicators below summarize regional access, demographics, and surrounding demand drivers.
2,014Nearby students
20 milesProximity to the 8th most populated city in Texas