7-Eleven w/ Laredo Taco Farm to Market Road 529 & Jones Rd, TX

Farm to Market Road 529 & Jones Rd, TX

Price: $9,086,423
Cap Rate: 5.20%
NOI: $472,494
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 3.9 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 4,650/- SF Building on 3.90+/- Acre Site
  • Brand New 15 Year Corporate Absolute NNN Lease w/ 7.5% Rental Increases
  • Excellent Signalized, Hard Corner Location off of FM 529 (32K VPD) & Jones Rd (13K VPD)
  • Large Format 7-Eleven Featuring a Laredo Taco, 8 Regular MPDs, and 5 Diesel MPDs
  • Strong Income Demos w/ an est. $125,600 Within One Mile of Subject Property
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Houston  |  5th Largest MSA in the US  |  Population: 2.33MM+