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29959230
29959231

235 W Cleveland Blvd, Aransas Pass, TX 78336

BB
TX 701472, OH BRK.200900214 (+21)
Bang Realty
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
IC
NY 10401379146
Encore Real Estate Investment Services NYC
Listed by Bang Realty, Encore Real Estate Investment Services, Encore Real Estate Investment Services NYC
$2,273,000
102 days on market
Updated 13 days ago

7-Eleven (Stripes)

Details
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Square Footage 2,469
Cap Rate 5.5%
NOI $125,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Stripes
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 10/31/2037
Remaining Term 11.4
Rent Bumps Yes
Lease Options 3, 5 Year Options
Price per SqFt $921
Year Built 1979
Year Renovated 2018
Buildings 1
Stories 1
Acreage 0.660
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/01/2022

Attractive 12% Rent Increases | Tax-Free State | 100% Bonus Depreciation | Photo Taken 2/20/2026

Marketing description

Introducing the enticing investment opportunity at 7-ELEVEN (STRIPES), located at 235 W Cleveland Blvd, Aransas Pass, TX 78336. This property boasts a desirable 12% rent increase, tax-free state benefits, and the advantage of 100% bonus depreciation. A recent actual photo taken in February 2026 showcases the property's current state.

Listed exclusively by renowned brokerage Encore Real Estate Investment Services, this prime commercial space offers unparalleled potential. The location’s confidentiality and disclaimer ensure transparency while encouraging interested parties to conduct their independent investigations and due diligence. With a focus on accuracy and completeness, this property inspires confidence and trust in the investment process.

Don't miss out on this exceptional chance to own a lucrative investment property with promising rental income and attractive depreciation benefits. For more details on this 7-ELEVEN (STRIPES) property in Aransas Pass, TX, seize this opportunity to invest wisely in a property that offers both financial growth and stability.

Investment highlights

  • Absolute NNN Lease | Zero Landlord Responsibilities

  • Over 11.5+ Years Remaining On Base Term | 47-Year Operating History

  • Corporate Guarantee | Investment Grade (S&P: "A")

  • Rare 12% Rent Increases Every 5 Years In Base Term And Each Option Period - Next Increase In 2027

  • Hard-Corner Location At W Cleveland Blvd (SH-35 Business) With 4 Direct Curb Cuts And Full-Access Ingress/Egress From Multiple Points

  • Income Tax-Free State | Located In A Coastal Community Within The Corpus Christi MSA | Steady Population Growth

  • Gateway Market To Redfish Bay And The Gulf Of Mexico - Consistent Local And Tourism-Driven Traffic

  • Convenient Access To TX Highway 35 And US-181, Connecting To Corpus Christi, Ingleside, And Port Aransas

Listing Contacts

BB
TX 701472, OH BRK.200900214 (+21)
Bang Realty
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
IC
NY 10401379146
Encore Real Estate Investment Services NYC
Listed by Bang Realty, Encore Real Estate Investment Services, Encore Real Estate Investment Services NYC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$125,000.00
$10,416.67/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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Additional Information

Name
Brian Brockman
License
701472
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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