Absolute NNN Convenience
4202 S Staples St Corpus Christi, TX 78411
4202 S Staples St, Corpus Christi, TX, 78411
$3,273,000
For Sale
$3,273,000
Fee simple absolute NNN convenience store leased to 7-Eleven, Inc. with over six years remaining and option periods.
Property Size3,827 SF
Price / SF$855.24
Days on Market26
Property Features for 4202 S Staples St
General Information
- Standard status
- Active
- Size
- 3,827 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Properties For Sale
at 4202 S Staples St Contact us
Listing agency
SRS Real Estate Partners | Salt Lake City
(570) 762-6075
Listed by
Jack Cornell
(570) 762-6075
Source
Srsre
Added: Jun 28 Updated: Jul 22 at 4:07PM Checked: Jul 22 at 4:07PM
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 Real Estate Partners | Salt Lake City
Investment Insights
Based on property information with market context.
SRS National Net Lease offers the fee simple acquisition of an absolute NNN convenience store investment featuring 7-Eleven, Inc. as the tenant. The lease is described as absolute NNN with zero landlord responsibilities, and is signed by the corporate entity. The property is currently being branded as a Stripes Convenience Store, while remaining secured and operated by 7-Eleven, Inc.
The tenant has over 6 years remaining on the lease term, with two (5-year) option periods. At the beginning of each option, the lease provides for 10% rental increases intended to grow NOI and help hedge against inflation.
Located at 4202 S. Staples St in Corpus Christi, Texas, this investment is positioned as an “investment grade (S&P: A)” 7-Eleven lease per the seller’s remarks.
The tenant has over 6 years remaining on the lease term, with two (5-year) option periods. At the beginning of each option, the lease provides for 10% rental increases intended to grow NOI and help hedge against inflation.
Located at 4202 S. Staples St in Corpus Christi, Texas, this investment is positioned as an “investment grade (S&P: A)” 7-Eleven lease per the seller’s remarks.
Key Highlights
- Fee simple absolute NNN convenience store leased to 7‑Eleven, Inc.
- 7‑Eleven lease has over 6 years remaining plus 2 (5‑year) option periods.
- Absolute NNN structure with zero landlord responsibilities (land & building ownership).
Property Analytics
Location Intelligence
Current Use by Public Records
7-Eleven
Grocery & Convenience Store
Western Union
Bank
Stripes
Grocery & Convenience Store
ATM
Atm
ATM (Stripes)
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Fee simple absolute NNN convenience store leased to 7-Eleven, Inc. with over six years remaining and option periods.
Where is this nnn property located?
The property is located at 4202 S Staples St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $3,273,000.
What are key features of this property?
This property features: Fee simple absolute NNN convenience store leased to 7‑Eleven, Inc.; 7‑Eleven lease has over 6 years remaining plus 2 (5‑year) option periods.; Absolute NNN structure with zero landlord responsibilities (land & building ownership).
