New Circle K Truck
2705 N Cage Blvd Pharr, TX
2705 N Cage Blvd, Pharr, TX, 00000
Contact for pricing
For Sale
Contact for pricing
New construction Circle K truck stop for sale.
Property Size5,200 SF
Lot Size6.29 Acres
Price / SF$519.23
Days on Market443
Property Features for 2705 N Cage Blvd
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Lot size
- 6.29 Acres
- Property subtype
- RETAIL
Listing agency
Secure Net Lease - Dallas
(469) 694-4189
Listed by
Kyle Varni · License #707940
(469) 694-4189
Source
Moodyscre
Added: May 7, 2025 Updated: Jul 6 at 11:01AM Checked: Jul 21 at 4:21AM
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
Investment Insights
Based on property information with market context.
This property features a newly constructed Circle K truck stop, completed in 2024. The building spans over 5,200 square feet and is situated on a 2.36-acre site. The property is subject to a 15-year absolute NNN lease, which includes 8% rental increases every 5 years throughout the primary term and any option periods. The location is a premier highway corner on a major thoroughfare, specifically along I-69C, a primary north-south route with a traffic volume exceeding 91,265 vehicles per day. The property includes a large format prototype convenience store with additional high-speed diesel pumps, situated on an oversized parcel.
Key Highlights
- 15‑Year Absolute NNN Lease with 8% Rental Increases Every 5 Years
- Rare New Construction Circle K Truck Stop Ground Lease
- Premier Highway Corner Location on Major Thoroughfare – Along I‑69C (91,265+ VPD)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.7k | $20.52 |
| − Vacancy | −$6.1k | −$1.17 |
| EGI | $100.6k | $19.35 |
| − OpEx | −$25.2k | −$4.84 |
| NOI | $75.5k | $14.51 |
5,200 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.08M
$943.3K – $1.26M
NOI $75,466 @ 7.0% cap · market cap 2.80%
Second Best
Retail
$1.00M
$877.6K – $1.17M
NOI $70,211 @ 7.0% cap · market cap 2.60%
Theoretical Best
Hotel Hospitality
$3.92M
$3.43M – $4.57M
NOI $274,170 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Truck stops
Similar For Sale Nearby
FAQs
What type of property is this?
Truck stop - New construction Circle K truck stop for sale.
Where is this truck stop located?
The property is located at 2705 N Cage Blvd Pharr, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 15‑Year Absolute NNN Lease with 8% Rental Increases Every 5 Years; Rare New Construction Circle K Truck Stop Ground Lease; Premier Highway Corner Location on Major Thoroughfare – Along I‑69C (91,265+ VPD)
