www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29499083
29499084

1709 W 7th Ave, Corsicana, TX 75110 For Sale

WS
TX TX 589055
SRS Real Estate Partners SAN ANTONIO
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners SAN ANTONIO, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Tampa
$4,315,000
172 days on market
Updated 2 days ago

Whataburger | Corsicana, TX

Details
APN 33079 & 33077
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,617
Units 1
Cap Rate 5.75%
NOI $248,056
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, McDonald's (+1)
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 08/31/2034
Remaining Term 8.1
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $1,193
Broker Co-Op Yes
Year Built 1979
Buildings 1
Stories 1
Acreage 1.170
Zoning GR General Retail District
Parking Spaces 53 spaces
Parking per 1,000 SqFt 14.65
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/02/2019
Ownership Fee Simple
Sale Condition 1031 exchange

8+ Yr. Remaining | Corporate Absolute NNN | 10% Increases Every Five

Marketing description

Introducing a prime investment opportunity at the 1709 W 7th Avenue in Corsicana, Texas! This single-tenant absolute NNN property offers a secure income stream with corporate tenant Whataburger Restaurants, LLC. Boasting over 8 years remaining on the lease term, with scheduled rental increases and options to extend, this investment guarantees a steady cash flow. Situated in a high-traffic area with excellent visibility and access, this property is strategically located in a dense retail corridor near Navarro College, catering to a large student population and drawing in steady consumer traffic. With a fee simple ownership structure and the tenant responsible for all expenses, this is an ideal passive investment opportunity. The property features a spacious 3,617 SF rentable area on approximately 1.17 acres of land, with ample parking spaces. Don't miss out on this exceptional investment with a net operating income of $248,056 and a cap rate of 5.52%.

Investment highlights

  • 8+ Years Remaining | Options To Extend | Scheduled Rental Increases

  • Absolute NNN | Fee Simple Ownership

  • Excellent Visibility & Access | Navarro College (3,100+ Students) | Dense Retail Corridor

  • Strong Demographics In 5-Mile Trade Area

Listing Contacts

WS
TX TX 589055
SRS Real Estate Partners SAN ANTONIO
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners SAN ANTONIO, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Tampa

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$248,056.00
$20,671.33/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Ryan Johnson
License
TX License No. 525292
Brokerage
SRS Real Estate Partners-Southwest, LLC
Title
Broker of Record
Name
Webb Sellers
License
TX 589055
Brokerage
SRS
Title
EVP
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591