4615 San Jacinto St
Houston, TX
Price:
$4,674,000
Cap Rate:
4.75%
NOI:
$222,010
Building Size:
Approx. 3,193 Sq. Ft.
Lot Size:
Approx. 0.3 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built / Renovated:
2010 / 2020
Investment Overview
- 2020 Renovation 3,193+/- SF Building on 0.30 +/- Acre Site
- New 15-year Corporate Absolute NNN Lease with 10% rental increases every 5-years with options
- Strategically located on the corner of San Jacinto St. and Blodgett St. (2,363 VPD)
- As of 3/23/2020, 7-Eleven Stores Plan to Add 20K Jobs to Meet Demand
- 200k people within a 3-miles radius | Over $100k average household income
- Close proximity to Universities and the Houston Zoo (2.1 million annual visitors) | Rice University (7,500 students) | Houston University (45,364 students)
- Within 3-miles of NRG Stadium (71,995 capacity) and 2-miles from Minute Maid Park (42,000 capacity)
- Greater Houston (MSA) | Population 7M+ | 5th largest in the USA
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