7-Eleven w/ Laredo Taco Hammerly Blvd & Texas 8 Beltway, TX

Hammerly Blvd & Texas 8 Beltway, TX

Price: $10,565,000
Cap Rate: 4.25%
NOI: $449,000
Building Size: Approx. 4,500 Sq. Ft.
Lot Size: Approx. 1.98 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built / Renovated: 2000 / 2022

Investment Overview

  • 2022 Renovation. 4,500+/- SF Building on 1.98+/- Acre Site
  • Brand New 15 Yr Abs. NNN Lease w/ 7.5% Rent Bumps Every 5 Yrs
  • 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
  • Across from Chick-fil-A | Signalized Intersection of Hammerly Blvd & Beltway 8 (160K VPD)
  • Rare High Speed Diesel on Beltway 8 with Little Truck Stop Competition Nearby
  • Strong Income Demos w/ an est. $125,327 within a 5-Mile Radius
  • Houston  |  5th Largest MSA in the United States  |  MSA Population: 2.33 Million+