12475 Texas 188
Sinton, TX
Price:
$9,670,000
Cap Rate:
5.50%
NOI:
$531,805
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 4.48 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2024
Investment Overview
- 2024 Construction. 4,650+/- SF Building on 4.48+/- Acre Site
- Brand New 15-Yr Corporate NNN Lease w/ 7.5% Rent Bumps Every 5 Years in Both Primary Term & Option Periods
- Large Format 7-Eleven – Features Laredo Taco, 42 Parking Spaces, 12 Gasoline MPDs, & a Diesel Terminal
- Located Just Off TX Hwy 89/US 181, the South-North US Hwy Leading from Corpus Christi to San Antonio, TX
- Sinton, TX is Located About 20 Miles North of Corpus Christi, the 8th Most Populous City in Texas
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Sinton | County is Home to Many Large Industrial Companies from Petrochemical to Steel | Population: 69,954+