800 West Fairmont Parkway
La Porte, TX
Price:
$6,105,500
Cap Rate:
4.35%
NOI:
$265,580
Building Size:
Approx. 4,800 Sq. Ft.
Lot Size:
Approx. 2.42 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,800+/- SF Building on 2.42+/- Acre Site
- New 15 Yr Absolute NNN Lease w/ 10% Rental Increases
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Strong Income Demos w/ an est. $104,978 within a 5-Mile Radius
- Hard Corner Location w/ Excellent Traffic Counts (28,000+ VPD)
- Close Proximity to Port of Houston & Bayport Industrial District
- La Porte | Located 25-Miles East of Downtown Houston | Population: 35,000+