5342 Kostoryz Rd Corpus Christi, TX 78415

This exceptional investment opportunity presents a 1,688-square-foot, freestanding auto shop in Corpus Christi, Texas. The property, located at 5342 Kostoryz Rd, 78415, sits on a 0.22-acre lot and is currently 100% occupied under an absolute NNN lease with Minit Man Oil Change. The lease, commencing November 3, 2021, and expiring October 31, 2036, has a remaining term of 12 years, with two 5-year renewal options. The tenant, backed by a corporate guarantee, enjoys a 2% annual rent increase, ensuring consistent income growth. The property boasts excellent visibility on Kostoryz Road, offering easy access to South Padre Island Drive, a high-traffic area. Built in 1987, this asset generates a substantial NOI of $158,557, representing a 7.30% cap rate and a price per square foot of $1,286.90. The asking price is $2,172,287. This investment is ideally situated near Texas A&M University-Corpus Christi and benefits from the strong population base of over 217,154 residents within a five-mile radius, further enhanced by the proximity to the Port of Corpus Christi. This is a rare opportunity to acquire a stable, high-performing net lease property with significant long-term potential.