7900 Boca Chica Blvd Brownsville, TX 78521

This exceptional investment opportunity presents a fee-simple ownership of a brand-new 7-Eleven convenience store, gas station, and Laredo Taco, located at 7900 Boca Chica Blvd, Brownsville, TX 78521. Built in 2023, this 4,842 square foot property sits on a 2.12-acre lot and boasts 40 parking spaces. The property benefits from a hard corner, signalized location with high traffic counts, situated just 20 minutes from SpaceX Starbase and 5 minutes from the Port of Brownsville. The absolute NNN lease with a corporate guarantee from 7-Eleven offers significant security and minimal landlord responsibilities. The 15-year lease, commencing July 6, 2023, and expiring July 6, 2038, includes five 5-year renewal options with 10% rent bumps at year 10 and every 5 years thereafter. The current net operating income (NOI) is $310,788, resulting in a 5.00% cap rate and a price per square foot of $1,280.46. The asking price is $6,200,000. This property offers a compelling combination of strong tenant credit, built-in rent increases, and a prime location in a rapidly growing area of Texas, with the added benefit of no state income tax. The property is currently 100% occupied.