1111 Lake Olympia Parkway
Missouri City, TX
Price:
$6,478,000
Cap Rate:
5.00%
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+
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