9393 Long Point Road
Houston, TX
Price:
$8,041,000
Cap Rate:
4.75%
NOI:
$381,956
Building Size:
Approx. 4,842 Sq. Ft.
Lot Size:
Approx. 1.47 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2021
Investment Overview
- 2021 Construction. 4,842+/- SF Building on 1.47+/- Acre Site
- 15 Year Abs. NNN Lease w/ 10% Rental Increases Every 5 Years
- Signalized, Hard Corner Location on Blalock Rd (23K VPD) & Long Point Rd (14K VPD)
- Large Format 7-Eleven Featuring a Laredo Taco and 6 MPDs
- Subject Property Located Just 12 Miles from Downtown Houston
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Houston | 5th Largest MSA in the US | Population: 2.33 MM+