7-Eleven Spring, TX

1641 Louetta Road
Spring, TX

Price: $6,805,500
Cap Rate: 4.30%
NOI: $292,625
Building Size: Approx. 4,800 Sq. Ft.
Lot Size: Approx. 1.449 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,800+/- SF Building on 1.449+/- Acre Site
  • New 15 Yr Corp Absolute NNN Lease w/ 7.5% Rent Increases
  • 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
  • Located Near the Intersection of Louetta Rd. & Holzwarth Rd. (36K VPD)
  • Near Walmart, Lowe’s, Kohl’s, Academy, ALDI, Home Depot, & More
  • Strong Income Demos w/ an est. $89,771 within a 5-Mile Radius
  • Houston | Regional GDP of $490 Billion | Population: 2.33M+