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7-Eleven with Laredo Taco E Expressway 83 & Bryan Rd 4,842 SF Retail Building Mission, TX 78572 $10,989,729 CAD ($2,269.67 CAD/SF) 5% Cap Rate
Investment Highlights
- 2026 Construction. 4,853+/- SF Building On 1.04+/- Acre Site
- Adjacent to the Future Penitas Crossing, 58 AC Retail Center – Burlington, Ross, Marshalls, Five Below, LongHorn Steakhouse, and Olive Garden
- 7-Eleven Is The World’s Largest Convenience Store Chain With 85,000+ Locations Worldwide (S&P Rated A)
- Prime Location within Liberty Corners Retail Center with Direct Frontage on US-83; Shadow-Anchored by Walmart & Home Depot
- Penitas, TX – Rapidly Transforming into a Regional Retail Destination Fueled by Millions in Investment from Major National Retailers & More
- Penitas, TX | McAllen-Edinburg-Mission MSA is Emerging as a Powerhouse in Cross-Border Commerce, Etc. | MSA Population: 921,549+
Executive Summary
Rent Commencement: May 27, 2026 (Estimated); 15-Yr Abs. NNN Lease with 10% Rent Increases Every 5 Yrs in both Primary Term & Option Periods
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,842 SF
Building Class
B
Year Built
2022
Price
$10,989,729 CAD
Price Per SF
$2,269.67 CAD
Cap Rate
5%
NOI
$549,486 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.53 AC
Zoning
CO - Commercial
Parking
32 Spaces (6.6 Spaces per 1,000 SF Leased)
Frontage
252’ on East Expressway 83
Amenities
- 24 Hour Access
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 4
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7-Eleven with Laredo Taco | E Expressway 83 & Bryan Rd
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