12275 W Sinton St - Convenience Store FOR SALE


Sinton, TX 78387
$3,350,000 USD
415-481-0788
12275 W Sinton St, Sinton, TX for Sale
$3,350,000 USD
Convenience Store - FOR SALE
1/3
null | 5% Cap Rate

12275 W Sinton St
Sinton, TX 78387


HIGHLIGHTS

  • Initial 20-year lease term with five (5) five-year extension options
  • Tenant is fully responsible for taxes, insurance, and all property related maintenance costs, ensuring true passive income for the landlord
  • Backed by Circle K, a globally recognized and financially strong brand with over 14,200 locations worldwide
  • Positioned at the SEC of Interstate 69E and State Highway 188, near Sinton’s major thoroughfares, capturing local and regional traffic
  • 19,000 AADT on Interstate 69E and nearby access points, maximizing daily visibility
  • Proximity to major highways enables easy access for both locals and commuters

OVERVIEW

Situated on 5.82 acres at Interstate 69E and State Highway 188 in Sinton, TX, this property benefits from high visibility and access to over 28,000 daily commuters, drawing consistent traffic. The newly constructed 5,200-square-foot Circle K convenience store features modern facilities, including a 10-pump fuel station with seven gasoline pumps and three high-speed diesel pumps, ensuring rapid service for a variety of vehicles. An absolute NNN lease relieves the landlord of property-related responsibilities, with Circle K managing all maintenance, taxes, and insurance costs. The property includes 48 auto spaces and five truck spaces, supporting high customer turnover, with clear site lines and convenient highway access. With a 20-year initial term and 5% rent escalations every five years, the lease offers stable and growing income, backed by a leading convenience retailer.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$644 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circle K

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

5.82 AC

LAND SF

253,519 SF

ZONING

-

APN/PARCEL ID

550,73360

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-481-0788

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Michael YurasCushman & WakefieldMore Info
415-481-0788

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