12475 Highway 188 - Convenience Store FOR SALE


Sinton, TX 78387
$10,035,000 USD
281-477-4363
12475 Highway 188, Sinton, TX for Sale
$10,035,000 USD
Convenience Store - FOR SALE
1/6
null | 5.3% Cap Rate

12475 Highway 188
Sinton, TX 78387


OVERVIEW

Prime Location – Situated just off Highway 89, a key corridor connecting Corpus Christi to San Antonio, offering high visibility and regional access. Proximity to Corpus Christi – Only 20 miles north of Texas’ 8th most populated city, capturing both local and regional traffic. Strong Retail Corridor – Surrounded by established tenants including Dairy Queen, Whataburger, H-E-B, Dollar General, O’Reilly Auto Parts, Subway, Valero, and more. Growing Regional Economy – Supported by Corpus Christi’s industrial, petrochemical, and port sectors driving population and employment growth in Sinton and surrounding areas. Adjacent to Sinton High School – Property borders a school with over 2,014 students enrolled, boosting daily traffic. New 2024 Construction – Features a modern 7-Eleven with integrated Laredo Taco Company. Absolute NNN Lease – Zero landlord responsibilities. Long-Term Corporate Lease – Backed by 7-Eleven’s $81B+ in annual revenue, with 13+ years remaining and four (4) five-year extension options. Attractive Rent Growth – Scheduled 7.5% increases every 5 years. Large Format Site – 4.48 acres with 7 MPDs (14 pumps) and 3 diesel lanes to accommodate high-volume fueling.

FOR SALE DETAILS

PRICE

$10,035,000 USD

PRICE/SF

$2,158 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.48 AC

LAND SF

195,149 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Austen BaldridgeNewQuest PropertiesMore Info
281-477-4363

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Austen BaldridgeNewQuest PropertiesMore Info
281-477-4363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.