12475 Highway 188 4 650 pi² Commerce de détail Immeuble Sinton, TX 78387 14 032 481 $ CAD (3 017,74 $ CAD/pi²)

This property features a newly constructed 7-Eleven convenience store with a Laredo Taco Company, located in Sinton, Texas, approximately 20 miles north of Corpus Christi. The site spans 4.48 acres and includes a large-format store with 42 parking spaces, 12 gasoline MPDs, and a diesel terminal, catering to both local and regional traffic. Positioned just off TX Highway 89 and US 181, the property benefits from strong connectivity between Corpus Christi and San Antonio, making it a strategic stop for commuters and commercial traffic.
The asset is secured by a 15-year absolute NNN lease with 7-Eleven, offering zero landlord responsibilities and a corporate guarantee from an S&P-rated A tenant. The lease commenced in February 2024 and includes 7.5% rent increases every five years, both during the primary term and renewal options. With a strong tenant, long-term lease, and built-in rent escalations, this property provides a stable and predictable income stream in a growing industrial and residential market.
Sinton is home to major industrial operations, including petrochemical and steel companies, and benefits from its proximity to Corpus Christi, one of Texas’s largest cities. This location is well-positioned to capture both local demand and regional traffic flow.