7-Eleven Fuel and Convenience
3201 S Padre Island Dr, Corpus Christi, TX 78415
For Sale
New
$2,837,000
The absolute-net lease is corporately guaranteed, with renewal options and scheduled rent escalations.
Property Size2,946 SF
Lot Size0.52 Acres
Price / SF$963
Days on Market2
Property Features for 3201 S Padre Island Dr
General Information
Standard status
Size
Lot size
Property subtype
Lease Type
Site & Location
Traffic Count
Highway Access
Road Access
Automotive
Automotive Uses
Convenience Store
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Real Estate Included
Amenities
Absolute Net Lease with Six Years Remaining | 14-Year Operating History
Signalized Hard-Corner Location at TX 358 (S Padre Island Drive) and Kostoryz Road (Combined 144,335 VPD)
Established Retail and Auto-Service Corridor With National Co-Tenancy
Corporate Guarantee — Wholly-Owned Operation of 7-Eleven, Inc.
Trade Area With 207,549 Residents and 211,629 Daytime Population (Five-Mile Radius)
Corpus Christi MSA | Home to the 3rd-Largest U.S. Port and NAS Corpus Christi
Corpus Christi Draws Nearly 10 Million Visitors Annually
Property Qualifies for 100% Bonus Depreciation (Consult your Tax Professional)
Building Details
Building Size
Buildings
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Jake Stammen
(972) 755-5209
Source:
Marcusmillichap
Added: Nov 8
Changed: Nov 9
Last Checked: Sep 16 at 11:58AM
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 Marcus & Millichap - Dallas
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7-Eleven fuel and convenience store occupies a 2,946-square-foot building on a 0.52-acre parcel in Corpus Christi. The lease is absolute net and backed by a corporate guarantee, with roughly six years remaining, 10% rent escalations every five years, and two five-year renewal options.
The property is at the signalized intersection of TX 358 and Kostoryz Road. Combined traffic on the two roads exceeds 144,000 vehicles per day.
The property is at the signalized intersection of TX 358 and Kostoryz Road. Combined traffic on the two roads exceeds 144,000 vehicles per day.
Key Highlights
- 7‑Eleven fuel and convenience store
- 2,946‑square‑foot building on 0.52 acres
- Absolute‑net lease with corporate guarantee
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
144,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78415, TX
38,722
Population
15,465
Households
2.5
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
109.2 sq mi
ZIP Area
355
Density / Sq Mi
$53,803
Median Household Income
$31,748
Median Earnings
$1,166
Median Rent
$135,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The absolute-net lease is corporately guaranteed, with renewal options and scheduled rent escalations.
Where is this grocery and convenience store located?
The property is located at 3201 S Padre Island Dr Corpus Christi, TX.
What is the asking price?
The asking price for this property is $2,837,000.
What are key features of this property?
This property features: 7‑Eleven fuel and convenience store; 2,946‑square‑foot building on 0.52 acres; Absolute‑net lease with corporate guarantee
