Bonus Depreciation Buyer Acquires Houston 7-Eleven Property
Matthew Scow Represents Developer in Net Lease Transaction
Secure Net Lease has successfully completed the sale of a 7-Eleven / Time Maxx property located in Houston, Texas. The asset was acquired by a Texas-based all-cash buyer seeking bonus depreciation opportunities, highlighting continued investor demand for value-add net lease investments in strong metropolitan markets.
Matthew Scow, who represented the seller, shared, “This was an interesting deal because it was a de-branded 7-Eleven that was subleased to a local operator, Time Maxx, so there were a few more moving pieces than your typical transaction. I was able to source a local buyer who was specifically looking for bonus depreciation and already owned industrial properties in the area, so they had a good understanding of the Houston market.”
The property is strategically located at the signalized hard corner of West Sam Houston Parkway North and Little York Road, providing excellent visibility and accessibility with combined traffic counts exceeding 44,000 vehicles per day. Positioned just off the Sam Houston Tollway, the site benefits from strong connectivity throughout the Houston metro and consistent daily commuter traffic. The ±4,650-square-foot former large-format 7-Eleven sits on approximately 0.95 acres and features multiple fueling positions and ample parking, making it well-suited for convenience retail operations.
“A big part of the process was getting them comfortable with the sublease structure, and once we worked through that, everything started to fall into place. We were also able to coordinate with 7-Eleven to complete all of the necessary construction and repairs prior to closing. In the end, it came together really well and closed smoothly,” Scow concluded.
Surrounded by a dense industrial and commercial corridor, the property is directly across from the Northwest Point Business Park and in close proximity to the West Houston Industrial Center, the Harry Cameron Technology Center, and Petropark Industrial Center. The immediate trade area is supported by over 257,000 residents within a five-mile radius, providing a strong and consistent consumer base. Houston continues to be one of the most dynamic markets in the United States, anchored by a diverse economy, major healthcare institutions, and a strong presence of Fortune 500 companies.
7-Eleven is the world’s largest convenience store chain, operating more than 85,000 locations globally, including over 15,000 in the United States. Known for its strong brand recognition, essential retail model, and investment-grade credit profile, 7-Eleven remains one of the most sought-after tenants in the net lease space. Its scale, operational consistency, and strategic site selection continue to provide investors with reliable, long-term income potential.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.
