

7-Eleven
Retail | 5.50% CAP | 2,946 SqFt
Marketing description
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, investment grade (S&P: A), 7-Eleven investment property located in Corpus Christi, Texas. The tenant, 7-Eleven, Inc., has over 6 years remaining on their lease term with 2 (5-year) options to extend, demonstrating their long-term commitment to the site. The site features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation. The lease is corporate signed by 7-Eleven, Inc. (S&P: A) and is an absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The property is currently being branded as a Stripes Convenience Store, but is secured and operated by 7-Eleven, Inc.
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