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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

• The tenant, 7-Eleven (operating as Stripes), has approximately 5 years remaining on its lease with 2 (10-year) options to extend, demonstrating long-term commitment to the site
• 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

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,450 SF
Building Class
C
Year Built
1977
Price
$1,422,902 CAD
Price Per SF
$580.78 CAD
Cap Rate
5.75%
NOI
$81,854 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
C-5 - General Commercial District
Parking
6 Spaces (2.45 Spaces per 1,000 SF Leased)
Frontage
69’ on Agnes St

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
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

7-Eleven began in 1927 and grew from an early convenience concept into a global convenience retailer. The company operates, franchises, and licenses a broad store network in the United States and Canada, and its brand family includes Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. 7-Eleven also offers proprietary services and products such as 7NOW, 7Rewards, Speedy Rewards, and 7-Eleven Fleet, reflecting a business that spans retail, foodservice, fuel, and digital convenience. The company presents itself as the world’s first convenience retailer and continues to focus on serving customer needs across its store and brand portfolio.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Frost Bank Financial Ctr
Jazzercise
Wells Fargo Bank
Bank of America
Extreme Pita
CrossFit
Prosperity Bank
  • Listing ID: 38658658

  • Date on Market: 2025-12-04

  • Last Updated:

  • Address: 1601 Agnes St, Corpus Christi, TX 78401

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