12475 Highway 188 - Convenience Store FOR SALE


Sinton, TX 78387
$10,130,000 USD
512-573-0101
12475 Highway 188, Sinton, TX for Sale
$10,130,000 USD
Convenience Store - FOR SALE
1/14
null | Request Cap Rate

12475 Highway 188
Sinton, TX 78387


HIGHLIGHTS

  • Absolute NNN lease with 15-year initial term and corporate guarantee from 7-Eleven.
  • Located on a 4.48-acre site with 42 parking spaces, 12 MPDs, and diesel fueling capabilities.
  • Positioned near TX Highway 89 and US 181, providing strong regional connectivity.
  • Located 20 miles from Corpus Christi in an area with significant industrial presence and population growth.

OVERVIEW

This property features a newly constructed 7-Eleven convenience store with a Laredo Taco Company, located in Sinton, Texas, approximately 20 miles north of Corpus Christi. The site spans 4.48 acres and includes a large-format store with 42 parking spaces, 12 gasoline MPDs, and a diesel terminal, catering to both local and regional traffic. Positioned just off TX Highway 89 and US 181, the property benefits from strong connectivity between Corpus Christi and San Antonio, making it a strategic stop for commuters and commercial traffic. The asset is secured by a 15-year absolute NNN lease with 7-Eleven, offering zero landlord responsibilities and a corporate guarantee from an S&P-rated A tenant. The lease commenced in February 2024 and includes 7.5% rent increases every five years, both during the primary term and renewal options. With a strong tenant, long-term lease, and built-in rent escalations, this property provides a stable and predictable income stream in a growing industrial and residential market. Sinton is home to major industrial operations, including petrochemical and steel companies, and benefits from its proximity to Corpus Christi, one of Texas’s largest cities. This location is well-positioned to capture both local demand and regional traffic flow.

FOR SALE DETAILS

PRICE

$10,130,000 USD

PRICE/SF

$2,178 USD /SF

CAP RATE

Request Cap Rate

% 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

33.17 AC

LAND SF

1,444,885 SF

ZONING

C

APN/PARCEL ID

1044174

ASK ABOUT THIS PROPERTY

Teddy LeonardStonecliffMore Info
512-573-0101

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Teddy LeonardStonecliffMore Info
512-573-0101

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