7-Eleven Brownsville, TX

651 E Morrison Rd
Brownsville, TX

Price: $6,880,000
Cap Rate: 5.25%
NOI: $361,160
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 1.543 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2024

Investment Overview

  • 2024 Construction. 4,650+/- SF Building on 1.543+/- Acre Site
  • Brand New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
  • Large Format 7-Eleven – Sitting on 1.543 AC Parcel, New Store Features a Laredo Taco, 48 Parking Spaces and 6 MPDs
  • High Growth Trade Area Next to the Sunrise Mall (100+ Stores and Restaurants)
  • The Rio Grande Valley Continues To Be One of the Fastest Growing Regions in America
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Brownsville | 8th Largest MSA in Texas | Population: 186,738+

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