3221 Meridiana Pkwy
Iowa Colony, TX
Price:
$5,447,000
Cap Rate:
5.15%
NOI:
$280,500
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 1.35 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,650+/- SF Building on 1.35+/- Acre Site
- New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
- Large Format 7-Eleven – 1.35 Acre Parcel at the High Traffic Intersection of Hwy. 288 & Meridiana Pkwy
- Located on Meridiana Pkwy (12,940+ VPD), Right off TX-288/South Freeway (44,439+ VPD)
- 20 Miles from Downtown Houston
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Houston | Largest City in Texas | Fort Worth Population: 2.3+M