Listed by Secure Net Lease
$7,362,000
7-Eleven w/ Laredo Taco
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,816
Cap Rate 5.25%
NOI $386,487
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Rent Bumps Yes
Price per SqFt $1,529
Year Built 2026
Acreage 1.740
Investment Type Net Lease
Ground Lease No
Retail | 5.25% CAP | 4,816 SqFt
Marketing description
- Brand New 15 Year Absolute NNN Lease with 7-Eleven Corporate
- New Construction Large Format C-Store on 1.74 Acre Lot
- Signalized Hard Corner Location on North Jackson Road
- The Rio Grande Valley is the 5th Largest MSA in Texas
- The ”RGV” handled ~$67 Billion in US/Mexico Trade in 2023
Investment highlights
- Rent Commencement: April 1, 2026 (Estimated)
- 15-Years Absolute NNN Lease with (4) 5-Year Options to Renew and 7.5% Rental Increases Every 5 Years, In Primary Term & Options
- Proximity to Key Institutions – Near PSJA Early College High School (2,500+ students) and Rio Grande Regional Hospital (320+ beds, 60K ER visits/yr), driving steady daily traffic and ensuring a strong daytime population that supports nearby retail and services.
- Proximity to Pharr-Reynosa International Bridge – One of the nation's busiest commercial ports, it facilitates $47B+ in annual trade and 3M+ commercial trucks annually, channeling substantial cross-border workforce, vendor, and logistics traffic directly into local retail corridors and amplifying purchasing power for surrounding businesses.
- Tourism and Visitor Traffic – Just 3 miles from McAllen International Airport (900,000+ annual passengers) and near Bert Ogden Arena (9,000 seats, hosting concerts, sports, and conventions), the site draws robust regional visitation. Within 2 miles, leading hotels including Marriott, Hilton, and Holiday Inn accommodate thousands of overnight guests, ensuring sustained visitor spending on shopping, dining, and entertainment.
- Thriving Border City - Pharr anchors the McAllen-Edinburg-Mission MSA—one of Texas' fastest-growing metros with 930,000+ residents and median household income rising to $52,800—leveraging its prime U.S.-Mexico border position to fuel explosive growth in trade, logistics, manufacturing, and workforce expansion that supports vibrant retail and investment opportunities
- World's Largest Convenience Store Chain - 7-Eleven is the global leader in convenience retail, with over 85,000 locations worldwide, including 15,000+ in the U.S. The company is backed by an "A" credit rating from S&P, ensuring financial stability and a strong tenant profile for investors.
Listing Contacts
Listed by Secure Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$386,487.00
$32,207.25/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
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