7-Eleven Pasadena, TX

4646 Spencer Highway
Pasadena, TX

Price: $6,372,000
Cap Rate: 4.30%
NOI: $274,000
Building Size: Approx. 4,842 Sq. Ft.
Lot Size: Approx. 1.022 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2021 Construction. 4,842+/- SF Building on 1.022+/- Acre Site
  • Brand New 15 Yr. Corporate Absolute NNN Lease w/ RARE 10% Rent Increases
  • Located at the Hard Corner of Spencer Highway and Preston Road (51K VPD)
  • Near Kroger, Petco, Dollar General, CVS, Kohl’s, Target, Hobby Lobby, Office Depot
  • Strong Income Demos with $76,686 within a 1-mile Radius
  • Pasadena  |  Located in the Houston MSA  |  Houston Population: 2.33MM