2589 Texas 361
Ingleside, TX
Price:
$5,420,000
Cap Rate:
5.25%
NOI:
$284,541
Building Size:
Approx. 4,216 Sq. Ft.
Lot Size:
Approx. 1.526 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built / Renovated:
2000 / 2022
Investment Overview
- 2022 Renovation. 4,216+/- SF Building on 1.526+/- Acre Site
- Brand New 15 Year Corporate Abs. NNN Lease w/ 7.5% Rental Increases Every 5 Years
- Hard Corner Location at the Signalized Intersection of Hwy 361 (12K VPD) & Main St (14K VPD)
- 10 Min Inland from Kiewitt Offshore Services, LTD, the #1 Offshore & Underwater Facilities Contractor in the US
- Within a 1 Mile Radius from Ingleside High School (600+ Students) , the Municipal Court, & Skate Park
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Corpus Christi | 5th Largest US Port | Population: 326,000+