7-Eleven (Stripes)

Offered for sale is the opportunity to acquire an absolute net lease Stripes in Corpus Christi, Texas. The property consists of a 4,650-square-foot, freestanding building that sits on approximately 1.58 acres of land. The tenant signed a new 15-year lease, with 7.5 percent rental escalations scheduled every five years, as well as each option thereafter. The subject property had its grand opening in June 2022.