904 W Davis St
Cap Rate: 4.75%
Building Size: Approx. 3,175 Sq. Ft.
Lot Size: Approx. 0.72 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020
- 2020 Construction 3,175+/- SF Building on 0.72 +/- Acre Site
- New 15-year Corporate Absolute NNN Lease with 10% rent increases every 5-years, starting in year 11
- Strategically located along West Davis St. in dense retail corridor (25,400 VPD)
- As of 3/23/2020, 7-Eleven Stores Plan to Add 20K Jobs to Meet Demand
- Subject Property is located near many Regional Headquarters including Exxon
(10,000 employees), McKesson (76,000 employees), Hewlett-Packard (55,000
employees) and Baker Hughes (10,000 employees).
- Greater Houston (MSA) | 5th largest MSA in the U.S. | Population 7M+