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Established Robstown Convenience and Drive-Thru

701 Lincoln Ave, Robstown, TX 78380

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For Sale

$699,900

Profitable, turn-key convenience and drive-thru store in Robstown, Texas.

Type:Office

Property size:

2,000 SF

Price / SF:

$349/SF

HighLights

Profitable, turn‑key business opportunity with established clientele.
Prime corner location with high traffic and outstanding visibility on Lincoln/US‑77 Business.
Drive‑thru service for customer convenience.
Retailer permit in place for e‑cigarettes/vaping products.
Four‑sided brick building with paved parking lot and metal roof.
2,000+ square foot store with 4 entrances from 2 roads.

We can help!

Listing Contact

Annette Scott

For Sale

$699,900

Profitable, turn-key convenience and drive-thru store in Robstown, Texas.

Type:Office

Property size:

2,000 SF

Price / SF:

$349/SF

Added:: Jan 24, 2024
Days on Market:: 875
Last Refresh:: May 12 at 9:39 pm

Property Features for 701 Lincoln Ave

General Information

Standard status: Active
Size: 2,000 SF
Property subtype: Office

Building Details

Year Built: 1984

We can help!

Listing Contact

Annette Scott

Listing agent Annette Scott

Listing office National One Realty

Listing date Jan 24, 2024

Source Xome

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 National One Realty

HighLights

Profitable, turn‑key business opportunity with established clientele.
Prime corner location with high traffic and outstanding visibility on Lincoln/US‑77 Business.
Drive‑thru service for customer convenience.
Retailer permit in place for e‑cigarettes/vaping products.
Four‑sided brick building with paved parking lot and metal roof.
2,000+ square foot store with 4 entrances from 2 roads.

Overview

This well-established neighborhood store, known as "Lopez Minute Stop," has been serving the Robstown, Texas area for nearly 40 years. The property features a 2,000 square foot store with a covered drive-thru service. The building is constructed of brick on all four sides and has a metal roof. A paved parking lot provides customer parking. The corner lot location offers access to the store from four entrances on two separate roads. Situated on a high-traffic commercial frontage on Lincoln/US-77 Business, the property is surrounded by a large residential community. The business has a retailer permit for e-cigarettes/vaping products. This turn-key business is located in a prime location with high foot traffic and outstanding visibility.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$49.9k	$24.96
− Vacancy	−$2.8k	−$1.42
EGI	$47.1k	$23.54
− OpEx	−$11.8k	−$5.88
NOI	$35.3k	$17.65

2,000 SF · lease $24.96/SF/yr · vacancy 5.70% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$504.4K

$441.3K – $588.4K (±1% cap)

NOI $35,306 @ 7.0% cap · market cap 5.04%

Second Best

Retail

$412.8K

$361.2K – $481.7K (±1% cap)

NOI $28,899 @ 7.0% cap · market cap 4.13%

Theoretical Best

Warehouse

$2.07M

$1.81M – $2.41M (±1% cap)

NOI $144,848 @ 7.0% cap · market cap 20.70%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Location Insight

Map
Local Demand

City: Robstown
County: Nueces
State: Texas
Longitude: -97.668736
Latitude: 27.784782

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What type of property is this?

Grocery and convenience store - Profitable, turn-key convenience and drive-thru store in Robstown, Texas.

Where is this grocery and convenience store located?

The property is located at 701 Lincoln Ave Robstown, TX.

What is the asking price?

The asking price for this property is $699,900.

What are key features of this property?

This property features: Profitable, turn‑key business opportunity with established clientele.; **Prime corner location with high traffic and outstanding visibility on Lincoln/US‑77 Business.**; Drive‑thru service for customer convenience.