119 Buddy Ganem dr - Convenience Store FOR SALE


Portland, TX 78374
$7,121,000 USD
713-263-3981
119 Buddy Ganem dr, Portland, TX for Sale
$7,121,000 USD
Convenience Store - FOR SALE
1/3
null | 5.25% Cap Rate

119 Buddy Ganem dr
Portland, TX 78374


HIGHLIGHTS

  • 2025 Construction. 4,730+/- SF Building on 1.693+/- Acre Site
  • Brand New 2025 Construction Large Format 7-Eleven
  • Located on the Corner of TX-35/TX-181 and Buddy Ganem Dr (13,000+ VPD).
  • Located in a Prime Retail Corridor of the City, Across from Target, Walmart, and Academy Sports + Outdoors
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Portland | 6 Miles from Downtown Corpus Christi, Texas | Population: 20,481+

OVERVIEW

New 15-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years

FOR SALE DETAILS

PRICE

$7,121,000 USD

PRICE/SF

$1,505 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Edward BentonSecure Net LeaseMore Info
713-263-3981

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Edward BentonSecure Net LeaseMore Info
713-263-3981

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.