901 N Airport Dr - Convenience Store FOR SALE


Weslaco, TX 78596- Donna/Weslaco/Mercedes
$9,726,000 USD
415-852-5177
901 N Airport Dr, Weslaco, TX for Sale
$9,726,000 USD
Convenience Store - FOR SALE
1/6
null | 5.2% Cap Rate

901 N Airport Dr
Weslaco, TX 78596
Donna/Weslaco/Mercedes


HIGHLIGHTS

  • New 15-year absolute NNN lease to 7-Eleven, the world’s leading convenience store chain operating over 9,500 locations in the U.S
  • 7.5% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth
  • Tenant covers all taxes, insurance, maintenance, roof, structure, and parking lot, providing a fully passive investment
  • 7-Eleven generates over $30 billion in annual U.S. revenue, driven by iconic brands like Slurpee and Big Gulp
  • 7-Eleven’s universal brand recognition makes it a cornerstone in high-traffic locations, drawing customers across demographics
  • Six miles from the U.S./Mexico border, allowing the site to capture significant commuter traffic

OVERVIEW

Signalized Intersection: High-visibility and easily accessible location near the signalized intersection of North Airport Drive and East Expressway 83, with multiple entry/exit points allowing for maximum accessibility. Reliable Tenancy: Leased to 7-Eleven, the world’s leading convenience store chain operating over 9,500 locations in the U.S. Excellent Demographic Base: The five-mile radius serves a populous region of 108,328, with an average annual household income of $71,556 within three miles. Major Traffic Drivers: Surrounded by a strong mix of local and national retailers, including Walmart Supercenter, H-E-B, Lowe’s Home Improvement, Academy Sports + Outdoors, Texas Roadhouse, and many more. Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot. Ideal Growth Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this 7-Eleven and Weslaco for steady concurrent growth.

FOR SALE DETAILS

PRICE

$9,726,000 USD

PRICE/SF

$1,835 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.31 AC

LAND SF

144,184 SF

ZONING

MP

APN/PARCEL ID

M4010-02-001-0003-00

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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