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7-Eleven 119 Buddy Ganem dr 4,730 SF Retail Building Portland, TX 78374 $7,121,000 ($1,505.50/SF) 5.25% Cap Rate
Investment Highlights
- 2025 Construction. 4,730+/- SF Building on 1.693+/- Acre Site
- Located on the Corner of TX-35/TX-181 and Buddy Ganem Dr (13,000+ VPD).
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Brand New 2025 Construction Large Format 7-Eleven
- Located in a Prime Retail Corridor of the City, Across from Target, Walmart, and Academy Sports + Outdoors
- Portland | 6 Miles from Downtown Corpus Christi, Texas | Population: 20,481+
Executive Summary
New 15-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,730 SF
Year Built
2024
Price
$7,121,000
Price Per SF
$1,505.50
Cap Rate
5.25%
NOI
$373,853
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.69 AC
Nearby Major Retailers
1 of 4
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7-Eleven | 119 Buddy Ganem dr
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