7-Eleven Mission, TX

2nd Mile Line & North Shary Road
Mission, TX

Price: $7,412,000
Cap Rate: 5.10%
NOI: $378,000
Building Size: Approx. 4,842 Sq. Ft.
Lot Size: Approx. 2.11 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 4,842+/- SF Building on 2.11+/- Acre Site
  • Brand New 15-Yr Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Years, and (4) 5-Yr Options
  • Hard Corner Signalized Site Off Shary Rd (38,552+ VPD) & 2 Mile Rd (27,060+ VPD). Subject Property Features 8 MPDS & 16 Pumps
  • Outstanding Demographics With a 5-Mile Population Over 230,000 and an Average HH Income Over $82,000
  • 15 Minutes from South Texas College with an Enrollment of Over 25,000 Students
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Mission  |  One of the Fastest Growing MSAs in the Country  |  Population: 83,567

Copyright © 2024 Secure Net Lease.