7-Eleven Houston, TX

12776 East Freeway
Houston, TX

Price: $5,560,000
Cap Rate: 4.50%
NOI: $250,184
Building Size: Approx. 3,010 Sq. Ft.
Lot Size: Approx. 0.66 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 3,010+/- SF Building on 0.66+/- Acre Site
  • Brand New 15-Year Corp. Absolute NNN Lease w/ Rare 10% Rent Increase Every 5 Yrs
  • Strategically Located Along Interstate-10 (300,000 VPD)
  • Near Jason’s Deli, Burger King, Subway, Harbor Freight Tools, AutoZone
  • Houston Expected to See Fastest Economic Growth in U.S. through 2023
  • Strong Income Demos with $59,421 within a 5-mile Radius
  • Houston | Home to Largest Medical Center in the World | Population: 2.33 Million+