119 Buddy Ganem Dr Portland, TX
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New construction 7-Eleven on 1.693 acre site.
Type:RETAIL
Property size:
4,730 SFLot size:
1.87 AcresPrice / SF:
$1,505/SF- Added:
- Dec 16, 2024
- Days on Market:
- 491
- Last Refresh:
- Apr 5 at 10:57 pm
Property Features for 119 Buddy Ganem Dr
General Information
- Standard status
- Active
- Size
- 4,730 SF
- Lot size
- 1.87 Acres
- Property subtype
- RETAIL
Listing agent Edward "Ed" Benton (713) 222-2111
Listing office Secure Net Lease - Dallas (713) 222-2111
Listing date Dec 16, 2024
Source Moodyscre
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 Secure Net Lease - Dallas
Overview
New 7-Eleven NNN Lease
Under construction in 2025, this property features a 4,730 square foot building on a 1.693 acre site. It is subject to a new 15-year absolute NNN corporate lease with 7.5% rental increases every 5 years. The property is a large format 7-Eleven. Situated on the corner of TX-35/TX-181 and Buddy Ganem Dr, the location benefits from traffic counts of over 13,000 vehicles per day. It is located in a prime retail corridor of the city, across from Target, Walmart, and Academy Sports + Outdoors. The tenant, 7-Eleven, is the largest chain store operator in the world and holds an S&P rating of A. The property is located in Portland, Texas, 6 miles from downtown Corpus Christi, in a city with a population of 20,481.
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Places Nearby
- Target — 3022 US-181 Frontage, Portland, TX 78374
Map
- City
- Portland
- County
- San Patricio
- State
- Texas
- Longitude
- -97.3239
- Latitude
- 27.8772
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FAQs
What type of property is this?
Grocery and convenience store - New construction 7-Eleven on 1.693 acre site.
Where is this grocery and convenience store located?
The property is located at 119 Buddy Ganem Dr Portland, TX.
What is the asking price?
The asking price for this property is $7,121,000.
What are key features of this property?
This property features: 15‑year absolute NNN corporate lease with 7.5% rental increases every 5 years; Brand new 2025 construction large format 7‑Eleven; Located in a prime retail corridor, across from Target, Walmart, and Academy Sports + Outdoors
