1641 Louetta Road
Spring, TX
Price:
$6,805,500
Cap Rate:
4.30%
NOI:
$292,625
Building Size:
Approx. 4,800 Sq. Ft.
Lot Size:
Approx. 1.449 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,800+/- SF Building on 1.449+/- Acre Site
- New 15 Yr Corp Absolute NNN Lease w/ 7.5% Rent Increases
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Located Near the Intersection of Louetta Rd. & Holzwarth Rd. (36K VPD)
- Near Walmart, Lowe’s, Kohl’s, Academy, ALDI, Home Depot, & More
- Strong Income Demos w/ an est. $89,771 within a 5-Mile Radius
- Houston | Regional GDP of $490 Billion | Population: 2.33M+