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Rank #24 of 3156/100 · STRONG

7-ElevenNet Lease

3238 Buddy Lawrence Drive, Corpus Christi, TX

Cap Rate5.00%
Asking$1,478,000
Annual Rent$73,876
Term Remaining6.9 yrs

Location Scorecard Fortis model · STRONG

Traffic (AADT)2,699 (None)
Population (3 mi)45,058
Avg HH income (3 mi)$49,913
Daytime jobs (3 mi)46,018
Fuel competitors (1 mi)5
CountyNueces County

Lease & Rent

Tenant / banner7-Eleven
Lease structureNet Lease
Lease expirationJul 2033
Term remaining6.9 yrs
Rent escalationsPer lease (confirm)
Renewal optionsConfirm in lease

Financials

Annual rent$73,876
Asking price$1,478,000
Cap rate5.00%
Building SF2,426
Price / SF$609

Financing Scenario

Loan—
Down—
Debt service—
DSCR—
Cash-on-cash—
Debt yield—

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.

Download Property Flyer (PDF)