7-Eleven | GL Baytown, TX

7235 John Martin Rd
Baytown, TX

Price: $3,889,000
Cap Rate: 4.50%
NOI: $175,000
Building Size: Approx. 4842 Sq. Ft.
Lot Size: Approx. 1.39 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,842+/- SF Building on 1.39+/- Acre Site
  • New 15-Year NNN Ground Lease w/ 10% Rent Bumps Every 5
  • Located along I-10 frontage (78K VDP) & John Martin Rd (8K VPD)
  • Signalized Intersection, part of new commercial retail development
  • Entry location to new home communities, just N of San Jacinto Mall
  • Proximity to multiple car dealerships, retail, Kroger, HEB, Academy
  • Baytown is located 23-Miles west of the growing city of Houston, TX
  • Strong Income Demographics w/ est. $70,376 within a 1-Mile Radius
  • Greater Houston (MSA) | 5TH Largest in the U.S. | Population: 7M+