7-Eleven Houston, TX

2600 South Richey Street
Houston, TX

Price: $5,778,000
Cap Rate: 4.50%
NOI: $260,000
Building Size: Approx. 3,010 Sq. Ft.
Lot Size: Approx. 0.951 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 3,010+/- SF Building on 0.951+/- Acre Site
  • Brand New 15-Year Corporate Absolute NNN Lease w/ 10% Rent Bumps
  • Excellent High Traffic Location at the Corner of Richey St. and Allen Genoa Rd. (32K VPD)
  • Near Family Dollar, Dollar Tree, Dollar General, Advance Auto Parts, Walgreens
  • Houston is the 4th Largest City in the Country and Continues to Thrive
  • Strong Income Demos with $73,472 within a 1-mile Radius
  • Houston  |  Home to the Largest Medical Center in the World  |  Population: 2.33MM