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31873716

2308 HORNE RD, CORPUS CHRISTI, TX 78415 For Sale

ICO Real Estate Advisors, LLC
Listed by ICO Real Estate Advisors, LLC
$649,000
92 days on market
Updated 56 days ago

2308 HORNE RD CORPUS CHRISTI TX 78415

Details
APN 241830
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 7,200
Net Rentable (SqFt) 7,200
Units 1
Cap Rate 9.27%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 14.9
Lease Expiration 12/01/2035
Remaining Term 9.4
Rent Bumps Yes
Class C
Lot Size (SqFt) 13,015
Investment Type Sale/Leaseback
Lease Commencement 01/01/2021
Ground Lease No
Sale Condition Sale for leaseback

100% Leased | Single Tenant Net Lease

Marketing description

This offering presents a 100% leased single-tenant net lease (STNL) investment with approximately 10 years of remaining lease term, providing investors with stable, long-term cash flow and minimal landlord responsibilities. The property is strategically positioned along Horne Rd with approximately 16,000 vehicles per day, offering strong visibility and consistent daily traffic.

Located directly across from McDonald's and surrounded by a strong mix of national and regional retailers including Peter Piper Pizza, Stripes, Spec's, Wendy's, and Boost Mobile, the asset benefits from a proven retail corridor with strong consumer traffic.

With its combination of long-term lease stability, high-visibility location, and surrounding retail presence, the property offers an attractive opportunity for investors seeking dependable income in a well-trafficked Corpus Christi corridor.

Investment highlights

Long-Term Lease Stability

Attractive Return Profile

High-Visibility Location

Listing Contacts

ICO Real Estate Advisors, LLC
Listed by ICO Real Estate Advisors, LLC

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