~13.5 Years Remaining on Absolute NNN Lease with 7.5% Rent Increases
Blue West Capital is pleased to offer for sale the corporate 7-Eleven (Stripes) at 3501 S Cage Blvd in Pharr, Texas, a 2025-construction convenience store and fuel station on 5.97 acres. The property has approximately 13.5 years remaining on a 15-year absolute triple-net (NNN) lease, corporately guaranteed by 7-Eleven, Inc., rated “A-” by S&P. The lease includes 7.5% rent increases every five years throughout the primary term and five 5-year renewal options.
The property is strategically positioned at the signalized intersection of S Cage Blvd (US-281) and E Javelina Dr, with more than 27,000 combined VPD and multiple points of access from both streets. It sits directly across from PSJA Southwest Early College High School, approximately 6.5 miles north of the Pharr International Bridge, and serves more than 170,000 residents within five miles. Per Placer.ai, the location ranks first among Stripes stores within 15 miles, with approximately 447,500 annual visits.
