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Corpus Christi, TX - 7-Eleven (Stripes)

$1,043,000

1601 Agnes St, Corp Christi, TX 78404

Active
Last Updated: 12/04/2025

5.75

Cap Rate

60,000

NOI

Details:
Cap Rate:    5.75%
NOI:    $60,000
Building Size:    2,450 sqft
Lot Area:    0.41 acres
Occupancy:    100%
Year Built:    1977
Zoning:    C-5, General Commercial District
Description:

• The tenant, 7-Eleven (operating as Stripes), has approximately 5 years remaining on its lease with 2 (10-year) options to extend, demonstrating long-term commitment to the site
• Lease features 15% rent increase at the start of the first option and 17% rent increase at the start of the second option
• The Lease is corporate signed by 7-Eleven, Inc further enhancing the credit quality and long-term stability of the tenancy

• The property is strategically located along Agnes Street, a heavily traveled corridor linking directly to I-37 (53,500 VPD) and Highway 286 (79,700VPD)
• 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

Map:
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