7-Eleven La Porte, TX

800 West Fairmont Parkway
La Porte, TX

Price: $6,400,000
Cap Rate: 4.15%
NOI: $265,580
Building Size: Approx. 4,800 Sq. Ft.
Lot Size: Approx. 2.42 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,800+/- SF Building on 2.42+/- Acre Site
  • New 15 Yr Absolute NNN Lease w/ 10% Rental Increases
  • 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
  • Strong Income Demos w/ an est. $104,978 within a 5-Mile Radius
  • Hard Corner LocationĀ  w/ Excellent Traffic Counts (28,000+ VPD)
  • Close Proximity to Port of Houston & Bayport Industrial District
  • La Porte | Located 25-Miles East of Downtown Houston | Population: 35,000+