7-Eleven w/ Laredo Taco Ingleside, TX

2589 Texas 361
Ingleside, TX

Price: $5,691,000
Cap Rate: 5.00%
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+