7-Eleven Houston, TX 77086

2851 W Mt Houston Rd
Houston, TX 77086

Price: $9,015,000
Cap Rate: 5.00%
NOI: $450,749
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 3.51 Acres
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 4,650+/- SF Building on 3.51+/- Acre Site
  • New 15-Yr. Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Years in Both Primary Term & (5) 5-Yr. Options
  • Hard Corner Signalized Location – Directly Off TX-26 (51,000+ VPD) & TC Jester (10,000+ VPD)
  • Outstanding Demographics: With a 5-Mile Population Over 335,000 & an Average HH Income Over $85,000
  • Dense Industrial & Retail Area with Anchor Tenants Walmart, Aldi, & Kroger | Located 10 Miles Outside George Bush Intercontinental Airport
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Houston  |  4th Fastest Growing MSA in the Nation  |  Population: 2.3M+