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Auto Service - Gas-Conv

7-Eleven

2125 Saratoga Blvd, Corpus Christi, TX 78417

Listing Price: $7,735,300

Cap Rate
5.00%
Tenant Name
7-Eleven
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
4,874
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$79.35

Investment Overview

7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas,
Texas. 7-Eleven operates, franchises, and/or licenses more than 14,000 stores in the U.S. and Canada and
78,000 stores worldwide under the brands 7-Eleven, Speedway, Stripes, Laredo Taco Company, and Raise
the Roost Chicken and Biscuits.
Corpus Christi, Texas, is a coastal city located in the southeastern part of the state, along the Gulf of Mexico. Known for its beautiful beaches, warm climate, and vibrant waterfront, it serves as a popular destination for tourists and residents alike. The city is a hub for commerce, industry, and culture in the region. The city is home to several beaches, including North Beach and Padre Island National Seashore, attracting visitors for swimming, fishing, and boating.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc. (A - Rated)
  • 7.5% Rental Increases Every 5 Years with Multiple Renewal Options
  • Brand New 2025 Construction with Six Fuel Stations
  • Hard Corner Location, Accessible to 23,000 Cars per Day Along Saratoga Boulevard
  • Property Qualifies for Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Service - Gas-Conv

7-Eleven

Listing Price: $7,735,300

Cap Rate
5.00%
Tenant Name
7-Eleven
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
4,874
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$79.35

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc. (A - Rated)
  • 7.5% Rental Increases Every 5 Years with Multiple Renewal Options
  • Brand New 2025 Construction with Six Fuel Stations
  • Hard Corner Location, Accessible to 23,000 Cars per Day Along Saratoga Boulevard
  • Property Qualifies for Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation

Investment Overview

7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas, Texas. 7-Eleven operates, franchises, and/or licenses more than 14,000 stores in the U.S. and Canada and 78,000 stores worldwide under the brands 7-Eleven, Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. Corpus Christi, Texas, is a coastal city located in the southeastern part of the state, along the Gulf of Mexico. Known for its beautiful beaches, warm climate, and vibrant waterfront, it serves as a popular destination for tourists and residents alike. The city is a hub for commerce, industry, and culture in the region. The city is home to several beaches, including North Beach and Padre Island National Seashore, attracting visitors for swimming, fishing, and boating.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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