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Off Market
1/3

1601 Agnes St
Corpus Christi, TX 78401


OVERVIEW

- Long-Term Net Lease - Accelerated Depreciation — Fee Simple Interest - One of the Least Expensive Rental Rates for a C-Store on the Market - Low Purchase Price Compared to Other 7-Eleven & Long Term Corp Tenant Assets on the Market — Only $1,333,000 - Strong Corporate Guarantee by 7-Eleven — 7-Eleven is a Subsidiary of Seven & I Holdings Co. which is a Publicly Traded - Japanese Company (TYO: 3382). Seven & I Holdings Co. has an Annual Revenue of 4.786 Trillion Yen - In 2018 7-Eleven Completed the Purchase of 1,030 Stores in 17 states, Including Stripes Stores in Texas, from Dallas-based Sunoco for $3.3 Billion. (Click for more Information) - A Gas Station has been at this Location since 1975 — Historical Long-Term Operating of a Gas Station - Located in Corpus Christi, the City has the 2nd Largest U.S Port and Deepest Inshore Port on the Gulf of Mexico - In 2017, the Port was Named the Largest Exporter of Oil - Texas is a Single Tax State — No State Income Tax

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

7-Eleven (Operating as Stripes)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

2450

STORIES

1

YEAR BUILT

1977

SPRINKLERS

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PARKING SPACES

6

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

1512-0015-0110,1512-0015-0130