7-Eleven w/ Laredo Taco Houston, TX

10670 West Little York Road
Houston, TX

Price: $5,538,000
Cap Rate: 5.00%
NOI: $276,878
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 0.95 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,650 +/- SF Building on 0.95 +/- Acre Site
  • 15 Year Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
  • Signalized, Hard Corner Location off of Sam Houston Tollway (120K VPD) & W Little York Rd (26K VPD)
  • Large Format 7-Eleven Featuring a Laredo Taco, 33 Parking Stalls (Including 2 Handicap Stalls), & 5 MPDs
  • Excellent Demographics w/ an est. 257,000+ Residents Living Within a 5-Mile Radius of the Site
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Houston¬† |¬† 5th Largest MSA in the US |¬† Population: 2.33 MM+