433 NE 8th St - Convenience Store FOR SALE


Premont, TX 78375
$10,185,185 USD
512-573-0101
433 NE 8th St, Premont, TX for Sale
$10,185,185 USD
Convenience Store - FOR SALE
1/13
null | 5.4% Cap Rate

433 NE 8th St
Premont, TX 78375


HIGHLIGHTS

  • Brand-new 2025 construction featuring a 7-Eleven convenience store and fueling station.
  • Absolute NNN lease with 15-year initial term and corporate guarantee from 7-Eleven.
  • Located along U.S. Highway 281 with traffic counts exceeding 13,000 vehicles per day.
  • Positioned less than one mile from local schools and within a major South Texas trade area.
  • Includes 12 fueling positions on a 3.96-acre site.

OVERVIEW

This property features a brand-new 7-Eleven convenience store and fueling station located along U.S. Highway 281 in Premont, Texas. The site spans 3.96 acres and includes 12 fueling positions, offering excellent accessibility and visibility in a high-traffic corridor. Positioned less than one mile from Premont ISD’s K-12 campuses, the property benefits from steady local traffic and is part of the Corpus Christi-Kingsville-Alice Combined Statistical Area, which has a population exceeding 470,000 residents. The asset is secured by an absolute NNN lease with a corporate guarantee from 7-Eleven, providing zero landlord responsibilities. The lease commenced in November 2025 and runs through November 2040, offering nearly 15 years of remaining term with 10% rent increases every five years during both the primary term and renewal options. With a cap rate of 5.35% and NOI of $550,000, this property offers a stable, long-term investment opportunity backed by a credit-rated tenant. Premont’s strategic location along U.S. Highway 281 ensures strong connectivity to major regional markets, including Corpus Christi and San Antonio, making this site an attractive investment in a growing South Texas corridor.

FOR SALE DETAILS

PRICE

$10,185,185 USD

PRICE/SF

$1,902 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

33.58 AC

LAND SF

1,462,745 SF

ZONING

-

APN/PARCEL ID

11560-800-005-00

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.