7-Eleven Iowa Colony, TX

3221 Meridiana Pkwy
Iowa Colony, TX

Price: $5,447,000
Cap Rate: 5.15%
NOI: $280,500
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 1.35 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,650+/- SF Building on 1.35+/- Acre Site
  • New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
  • Large Format 7-Eleven – 1.35 Acre Parcel at the High Traffic Intersection of Hwy. 288 & Meridiana Pkwy
  • Located on Meridiana Pkwy (12,940+ VPD), Right off TX-288/South Freeway (44,439+ VPD)
  • 20 Miles from Downtown Houston
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Houston | Largest City in Texas | Fort Worth Population: 2.3+M

Copyright © 2024 Secure Net Lease.