7-Eleven Webster, TX

16810 State Highway 3
Webster, TX

Price: $4,497,000
Cap Rate: 4.50%
NOI: $202,357
Building Size: Approx. 2,506 Sq. Ft.
Lot Size: Approx. 0.52 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 2,506+/- SF Building on 0.52+/- Acre Site
  • Brand New 15-Year Corp. Absolute NNN Lease w/ Rare 10% Rent Increase Every 5 Yrs
  • Strategically Located Just Off Interstate 45 at Intersection of Bay Area Blvd & TX-3
  • Near Jimmy John’s, Sonic, Discount Tire, World Market, Party City, Home Goods, Office Depot
  • Subject Property is Only 3 Miles from NASA Johnson Space Center (1.25 Million Visitors Annually)
  • Strong Income Demos with $108,255 within a 5-mile Radius
  • Webster | 22 Miles from Downtown Houston | Population: 11,000+