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Established Robstown Convenience Store For Sale

701 Lincoln Ave, Robstown, TX 78380

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For Sale

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Profitable, turn-key convenience store in Robstown, Texas, serving the community.

Type:Retail

Property size:

2,000 SF

Price / SF:

$349/SF

HighLights

Profitable, turn‑key convenience store business with established clientele and nearly 40 years of operation.
Prime corner location with high‑traffic commercial frontage on Lincoln/US‑77 Business, surrounded by a large residential community.
Benefit from drive‑thru service, paved parking lot, security cameras, and four entrances from two separate roads.
Retailer permit in place for e‑cigarettes and vaping products.
Over 2,000 sq ft interior store space, large storeroom with custom wood shelves, and expanded checkout counter station.
Located in Robstown, near Corpus Christi, a major tourist destination with over 10 million annual visitors.

We can help!

Listing Contact

Annette Scott

For Sale

Contact for pricing

Profitable, turn-key convenience store in Robstown, Texas, serving the community.

Type:Retail

Property size:

2,000 SF

Price / SF:

$349/SF

Added:: Jan 25, 2024
Days on Market:: 874
Last Refresh:: May 12 at 10:21 pm

Property Features for 701 Lincoln Ave

General Information

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

Building Details

Year Built: 1984

We can help!

Listing Contact

Annette Scott

Listing agent Annette Scott License #429926

Listing office National One Realty

Listing date Jan 25, 2024

Source Crexi

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 convenience store business with established clientele and nearly 40 years of operation.
Prime corner location with high‑traffic commercial frontage on Lincoln/US‑77 Business, surrounded by a large residential community.
Benefit from drive‑thru service, paved parking lot, security cameras, and four entrances from two separate roads.
Retailer permit in place for e‑cigarettes and vaping products.
Over 2,000 sq ft interior store space, large storeroom with custom wood shelves, and expanded checkout counter station.
Located in Robstown, near Corpus Christi, a major tourist destination with over 10 million annual visitors.

Overview

Located in Robstown, Texas, near Corpus Christi, this established convenience store has been serving the area for nearly 40 years. The property is situated on a corner lot with high-traffic commercial frontage on Lincoln/US-77 Business, surrounded by a large residential community. The building is a 4-sided brick structure with a covered drive-thru, a paved parking lot, security cameras, and a metal roof. The store features over 2,000 square feet of interior space, an expanded checkout counter station, a large storeroom with custom wood shelves, and a restroom. Walls of windows provide natural light. The sale includes merchandising and display refrigeration, a vertical glass door supermarket display cooler, glass-top display freezers, reach-in refrigerators, an island beverage tub, a beer box bin, and gondola aisle display shelving. The store sells beverages, ice, candy, snacks, ice cream, food, and a variety of specialty goods. Additional income is generated from tobacco products and Texas Lottery tickets. The property has retailer permit for e-cigarettes and vaping products. The location is approximately 15 miles from Corpus Christi.

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 store in Robstown, Texas, serving the community.

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 convenience store business with established clientele and nearly 40 years of operation.; Prime corner location with high‑traffic commercial frontage on Lincoln/US‑77 Business, surrounded by a large residential community.; Benefit from drive‑thru service, paved parking lot, security cameras, and four entrances from two separate roads.