7-Eleven Spring, TX

710 Sawdust Rd
Spring, TX

Price: $5,788,000
Cap Rate: 5.00%
NOI: $289,380
Building Size: Approx. 3,015 Sq. Ft.
Lot Size: Approx. 0.69 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2021 Construction. 3,015+/- SF Building on 0.69+/- Acre Site
  • 15-Yr Corporate Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Yrs., Starting in Yr. 6 in Primary Term & Yr. 16 in Options
  • Located at Intersection of Sawdust Rd. & Grogan Mills Rd. (45,000+ VPD)
  • Located in the Houston MSA, w/ Population Demos. of 12,979, 97,217 and 197,983 People Living w/in 1, 3, & 5-Mile Radius
  • Near George Bush Intercontinental Airport: Houston’s Largest Airport and the 15th Busiest in the Country
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Spring  |  20 Miles from Downtown Houston  |  Houston Population: 7.1M+