7-Eleven Rosenberg, TX

3401 Avenue H
Rosenberg, TX

Price: $6,111,000
Cap Rate: 5.00%
NOI: $305,558
Building Size: Approx. 3,900 Sq. Ft.
Lot Size: Approx. 1.56 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built / Renovated: 2012 / 2019

Investment Overview

  • 2012 Construction w/ 2019 Remodel 3,900+/- SF Building on 1.56+/- Acre Site
  • 15-Year Corporate Absolute NNN Lease with 10% rent increases every 5-years
  • Strategically located along Ave. H (20,000 VPD), a local retail corridor in downtown Rosenberg that provides excellent visibility of the subject property
  • The trading area features above average household incomes of approximately $82,450 within a 5-mile radius of the subject property
  • Notable national credit tenants within the trade area include HEB, ALDI, CVS, McDonald’s, Chicken Express, AT&T, Subway, and many more
  • The subject property will benefit do to its proximity to multiple other national credit tenants, 6 schools (total of approximately 6,336 students) and one college (Wharton County Junior College)) within 2.5-miles of the subject property
  • 7-Eleven is the largest chain store operator with approximately 65,000+ locations operating around the world

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