7-Eleven W/ Laredo Taco Houston, TX 77075

11530 Pearland Pkwy
Houston, TX 77075

Price: $7,160,000
Cap Rate: 4.00%
NOI: $286,398
Building Size: Approx. 4,842 Sq. Ft.
Lot Size: Approx. 1.18 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,842+/- SF Building on 1.18+/- Acre Site
  • Brand New 15 Yr Absolute NNN Lease w/ 7.5% Rental Increases Every 5 Yrs
  • Excellent Location at the SWQ of Beltway 8 (60,000+ VPD) & Pearland Pkwy (27,850 VPD)
  • Laredo Taco Located Inside Store w/ 34 Parking Spaces to Accommodate Restaurant
  • Anchored by a 2,000,000+ SF Mixed-Use Master Development Project
  • Strong Income Demos w/ an est. $109,726 within a 1-Mile Radius
  • Houston |  5th Largest MSA in the U.S.  |  Houston MSA Population: 7.15MM