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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

708 Us-77 Schulenburg, TX 78956

4,991 SF 1.15 ac lot Built 2009
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2009
Total area 4,991 SF
Lot 1.15 ac (50,094 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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