7-Eleven / TimeMaxx Houston, TX

10670 W Little York Rd
Houston, TX

Price: $4,615,000
Cap Rate: 6.00%
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, Former Large Format 7-Eleven – 4,650+/- SF Building on 0.95+/- Acre Site
  • 12 Yrs. Remaining on 7-Eleven Corporate Lease. Rare NNN Lease w/ 10% Rent Bumps Every 5 Yrs., Starting Yr. 6 in Primary Term & Yr. 16 in Options
  • Signalized, Hard Corner Location at the Intersection of W Sam Houston Pkwy N (18,400 VPD) and W Little York Rd (26,300 VPD)
  • Subject Property is Located in a Dense Industrial Corridor and Surrounded by Several Large Industrial Tenants
  • High Growth Trade Area in Houston, Surrounded by Over 257,000 Residents Living Within a 5 Mile Radius
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores; Time Maxx 28+ Locations in Greater Houston Area
  • Houston | 5th Largest Metro in the U.S. | Population: 2.33M+

Copyright © 2024 Secure Net Lease.