119 Buddy Ganem Dr
Portland, TX
Price:
$7,121,000
Cap Rate:
5.25%
NOI:
$373,852
Building Size:
Approx. 4,730 Sq. Ft.
Lot Size:
Approx. 1.693 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2025
Investment Overview
- 2025 Construction. 4,730+/- SF Building on 1.693+/- Acre Site
- New 15-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years
- Brand New 2025 Construction Large Format 7-Eleven
- Located on the Corner of TX-35/TX-181 and Buddy Ganem Dr (13,000+ VPD).
- Located in a Prime Retail Corridor of the City, Across from Target, Walmart, and Academy Sports + Outdoors
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Portland | 6 Miles from Downtown Corpus Christi, Texas | Population: 20,481+