7-Eleven Absolute NNN
New
For Sale
$8,900,000
100 W Expressway 83, La Feria, TX 78559
The convenience store and gas station operate under an absolute NNN lease with scheduled rent increases.
Property Size4,842 SF
Days on Market3
Property Features for 100 W Expressway 83
General Information
Standard status
Active
Size
4,842 SF
Property subtype
Retail
Zoning
C-2, MH - General Commercial District, Manufactured Homes District
Building Details
Building Size
4,842 SF
Year Built
2022
Tenancy
Single
Listing Agency:
SRS Industrial - Newport Beach
Listed By:
Parker Walter
(714) 337-2740
Source:
Srsre
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach
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Investment Insights
Based on property information with market context.
The La Feria property combines a 7-Eleven convenience store with gas station improvements. Built in 2022, the asset is leased on an absolute NNN basis, with more than 10 years remaining in the initial term. The lease includes five 5-year extension options and 7.5% rent increases every five years during the initial term and options.
Located at 100 W Expressway 83, the property carries C-2, MH zoning: General Commercial District and Manufactured Homes District. Reported activity totals approximately 674,400 visits and 109,100 visitors annually. Those figures rank the location first among 132 Stripes locations nationwide and first among 129 in Texas by visits.
Located at 100 W Expressway 83, the property carries C-2, MH zoning: General Commercial District and Manufactured Homes District. Reported activity totals approximately 674,400 visits and 109,100 visitors annually. Those figures rank the location first among 132 Stripes locations nationwide and first among 129 in Texas by visits.
Key Highlights
- Absolute NNN lease with no landlord responsibilities
- 7‑Eleven convenience store and gas station improvements; built in 2022
- More than 10 years remain in the initial lease term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
196k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 46%
Stripes
Shops & Services
32,028 visits/mo
0.1 miles
Whataburger
Dining
25,233 visits/mo
0.0 miles
McDonald's
Dining
24,882 visits/mo
0.1 miles
Dollar Tree
Shops & Services
14,334 visits/mo
0.2 miles
Stripes
Shops & Services
10,135 visits/mo
0.4 miles
Demographics for 78559, TX
12,533
Population
5,047
Households
2.5
Avg Household Size
37
Median Age
14%
College-Educated
72%
High-School Grad
36.3 sq mi
ZIP Area
345
Density / Sq Mi
$48,117
Median Household Income
$31,927
Median Earnings
$985
Median Rent
$99,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - The convenience store and gas station operate under an absolute NNN lease with scheduled rent increases.
Where is this nnn property located?
The property is located at 100 W Expressway 83 La Feria, TX.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; 7‑Eleven convenience store and gas station improvements; built in 2022; More than 10 years remain in the initial lease term
