7-Eleven | 2851 Mt Houston rd
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7-Eleven 2851 Mt Houston rd
4,650 SF Retail Building Houston, TX 77086 $9,015,000 ($1,939/SF) 5% Cap Rate
Investment Highlights
- New 15-Yr. Absolute NNN Ground Lease w/ 7.5% Rent Bumps Every 5 Years in Both Primary Term & (5) 5-Yr. Options
- Outstanding Demographics: With a 5-Mile Population Over 335,000 & an Average HH Income Over $85,000
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Hard Corner Signalized Location – Directly Off TX-26 (51,000+ VPD) & TC Jester (10,000+ VPD)
- Dense Industrial & Retail Area with Anchor Tenants Walmart, Aldi, & Kroger | Located 10 Miles Outside George Bush Intercontinental Airport
- Houston | 4th Fastest Growing MSA in the Nation | Population: 2.3M+
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Building Class
B
Year Built
2023
Price
$9,015,000
Price Per SF
$1,939
Cap Rate
5%
NOI
$450,749
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.51 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
13 Spaces (2.8 Spaces per 1,000 SF Leased)
Frontage
509 FT on Texas 249
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 0420890000210 | Improvements Assessment | $0 |
| Land Assessment | $1,533,090 | Total Assessment | $1,533,090 |
PROPERTY TAXES
Parcel Number
0420890000210
Land Assessment
$1,533,090
Improvements Assessment
$0
Total Assessment
$1,533,090
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7-Eleven | 2851 Mt Houston rd
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