7-Eleven League City, TX 77539

1809 South FM 646
League City, TX 77539

Price: $6,651,000
Cap Rate: 4.50%
NOI: $299,272
Building Size: Approx. 4,580 Sq. Ft.
Lot Size: Approx. 1.148 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,580+/- SF Building on 1.148+/- Acre Site
  • Brand New 15-Year Corp. Absolute NNN Lease w/ 7.5% Rent Increase Every 5 Yrs
  • Strategically Located Just Off Interstate 45 (136,740 VPD)
  • Near H-E-B, Target, Michael’s, T.J. Maxx, Chick-fil-A, Starbucks
  • Population in League City Doubled Over the Last 15 Years
  • Strong Income Demos with $110,952 within a 1-mile Radius
  • League City | 26 Miles from Downtown Houston | Population: 98,000+