7-Eleven Rio Grande City, TX

4507 East US Highway 83
Rio Grande City, TX

Price: $6,400,000
Cap Rate: 4.00%
NOI: $256,000
Building Size: Approx. 4,690 Sq. Ft.
Lot Size: Approx. 1.22 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,690+/- SF Building on 1.22+/- Acre Site
  • New 15 Yr Corp Absolute NNN Lease w/ RARE 7.5% Rent Increases
  • 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
  • Located at the Signalized Intersection of Redwood St. & U.S. Hwy 83 (32K VPD)
  • Near Walmart, HEB Grocery, Chick-fil-A, Starbucks, McDonald’s, & More
  • Strong Income Demos w/ an est. $45,884 within a 5-Mile Radius
  • Rio Grande City | Starr County | McAllen-Edinburg-Mission MSA