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Stripes/7-Eleven | 5yrs Corp Abs NNN 1601 Agnes St 2,450 SF Retail Building Corpus Christi, TX 78401 $1,043,000 ($425.71/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 5 Years Remaining | Options To Extend | Rental Increases
- Premier Retail Corridor | Strong National/Credit Tenant Presence
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
EXECUTIVE SUMMARY
• Lease features 15% rent increase at the start of the first option and 17% rent increase at the start of the second option
• The Lease is corporate signed by 7-Eleven, Inc further enhancing the credit quality and long-term stability of the tenancy
PROPERTY FACTS
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 212369 | Improvements Assessment | $193,647 |
| Land Assessment | $30,090 | Total Assessment | $223,737 |
PROPERTY TAXES
Presented by
Stripes/7-Eleven | 5yrs Corp Abs NNN | 1601 Agnes St
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