Corpus Christi (4802 Alameda), TX - Exxon (Sunoco)
$1,070,000
4802 S Alameda St, Corpus Christi, TX 48412
5.75
Cap Rate
61,540
NOI
Details:
Description:
- The tenant, Sunoco Retail LLC, has approximately 7 years remaining on its lease with 2 (10-year) options to extend, demonstrating long-term commitment to the site
- Lease features 17.65% rent increase at the start of the first option and 20% rent increase at the start of the second option
- The Lease is corporate signed by Sunoco further enhancing the credit quality and long-term stability of the tenancy
• Strategically located along South Alameda Street (22,200 VPD), a primary retail thoroughfare connecting to Airline Road (38,000 VPD) and State Highway 358 (122,000 VPD) providing strong visibility and convenient regional access.
• Excellent visibility and access with multiple points of ingress/egress
• Surrounded by top national retailers including H-E-B, Dollar General, Papa John’s, U-Haul, Holiday Inn, Red Roof Inn, and White Cap
Location
Gallery