708 Us-77 Schulenburg, TX 78956
This exceptional investment opportunity presents a 4,991-square-foot 7-Eleven gas station and convenience store located at 708 US-77 in Schulenburg, Texas, 78956. The property sits on a 1.15-acre lot and boasts 16 gas pumps across four fuel islands, a canopy, and a prominent high-pole sign. Built in 2009 and renovated in early 2022, this single-story building is currently operating at 100% occupancy under an absolute NNN lease with 6 years remaining. The lease features annual rent increases and benefits from 7-Eleven's strong AA- S&P credit rating. The property generates a substantial net operating income (NOI) of $300,310, resulting in a compelling 10.15% cap rate. Strategically positioned at a signalized intersection with convenient on/off ramp access to Interstate 10, this location benefits from high traffic volume. The asking price is $3,048,000, translating to $660.18 per square foot. This turnkey investment offers significant long-term potential with minimal landlord responsibilities. The property's prime freeway location and strong tenant ensure a stable and lucrative investment opportunity. Schulenburg's central location between major Texas cities further enhances its appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.