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7-Eleven 119 Buddy Ganem dr 4,730 SF Retail Building Portland, TX 78374 $9,734,763 CAD ($2,058.09 CAD/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
Building Class
B
Year Built
2024
Price
$9,734,763 CAD
Price Per SF
$2,058.09 CAD
Cap Rate
5.25%
NOI
$511,075 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.88 AC
Zoning
F1 - Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | 1032959 | Improvements Assessment | $1,153,042 CAD |
| Land Assessment | $1,262,908 CAD | Total Assessment | $2,415,951 CAD |
Property Taxes
Parcel Number
1032959
Land Assessment
$1,262,908 CAD
Improvements Assessment
$1,153,042 CAD
Total Assessment
$2,415,951 CAD
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7-Eleven | 119 Buddy Ganem dr
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