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7-Eleven | NNN Lease Investment Opportunity

$4,611,111

4425 East 14th Street (& Boca Chica Boulevard), Brownsville, TX 78521

Active
Last Updated: 05/03/2021

4.5

Cap Rate

207,400

NOI

Details:
Cap Rate:    4.5%
NOI:    $207,400
Building Size:    3,954 sqft
Lot Area:    2.2 acres
Year Built:    2001
Price Per Sqft:    $1,166.19
Year Last Renovated:    2020
Roof & Structure:    Landlord's Responsibility
Repairs, Maintenance, HVAC & Utilities :    Tenant’s Responsibility
Property Taxes, Insurance & Common Area :    Tenant’s Responsibility
Highlights:
  • Newly Remodeled in 2020 With a Recently New 15-Year Triple Net (NNN) Lease
  • This 7-Eleven Location is Deliverable in 2020 and Fee Simple Ownership of Convenience Stores Qualifies For Accelerated Depreciation
  • Strong Corporate Guarantee - 7-Eleven (S&P Rated AA-) Operates More Than 11,800 Company-Owned or Franchised Convenience Stores in North America, Ranking #1 on Entrepreneur Magazine’s “Top 500 Franchises List”
  • Property Sits on the Corner of Boca Chica and East 14th Street With Dual Access From Both Roads and a Combined Traffic Count of Over 71,741 VPD at the Intersection
  • Dense Population With Over 106,374 Residents Within a 3-Mile Radius
  • Less Than 3-Miles From the Texas Southmost College Serving Over 10,000 Students
  • Located 30 Minutes Away From the New, Revolutionary SpaceX Launch Site, Which is Expected to Create Over 500 Jobs, Bring in Over $85 Million in Capital Investment to Brownsville and Generate Over $51 Million in Annual Salaries
  • Texas is a State Income Tax Free State
  • Located 20 Minutes Away From Matamoros, Mexico With a Population of 450,000 Residents
  • Today Brownsville is the Largest City in the Rio Grande Valley With a Population of 183,823 and it Covers Nearly 150 Square Miles and Has 350-Miles of Paved Streets; With an Assessed Valuation of More Than $5 Billion, the City Has Nearly Quadrupled Its Wealth in the Past 15 Years; Brownsville Hosts Thousands of Tourists Each Year
  • Strong National Retailers Nearby Include: Home Depot, Walmart Supercenter, Chick-fil-A, McDonald’s, Walgreens,
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,954 SF 7-Eleven Located at 4425 East 14th Street (& Boca Chica Boulevard) in Brownsville, Texas. This Deal Includes a Brand New 15 Year Triple Net (NNN) Lease That is Set to Open Before Year End, Providing For a Great Investment Opportunity. 





In Cooperation With Sands Investment Group Austin, LLC Lic. # 9004706

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