7-Eleven w/ Laredo Taco Missouri City, TX

1111 Lake Olympia Parkway
Missouri City, TX

Price: $6,819,000
Cap Rate: 4.75%
NOI: $323,882
Building Size: Approx. 4,842 Sq. Ft.
Lot Size: Approx. 2.49 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,842+/- SF Building on 2.49+/- Acre Site
  • 15 Year Abs. NNN Lease w/ 10% Rental Increases Every 5 Years
  • Signalized, Hard Corner Location of Lake Olympia Pkwy (8K VPD) & Vicksburg Blvd. (11K VPD)
  • Large Format 7-Eleven Featuring a Laredo Taco and 10 MPDs
  • Subject Property Located 20 Miles from Downtown Houston
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Missouri City  | Suburb of Houston  |  Population: 75,000+