7-Eleven Spring, TX

26620 Kuykendahl Rd
Spring, TX

Price: $5,456,000
Cap Rate: 4.75%
NOI: $259,164
Building Size: Approx. 3,825 Sq. Ft.
Lot Size: Approx. 1.56 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction 3,825+/- SF Building on 1.56 +/- Acre Site
  • New 15-year Corporate NNN Lease with 10% rental increases every 5-years, starting in year-11
  • Strategically located along Kuykendahl Rd. (30,100 VPD), a busy North-South thoroughfare that runs 20-miles from Houston through the Woodlands, an affluent Houston, TX community
  • Adjacent to Springwood Village Parkway (9m sq. feet) and Creekside Park West (70k sq. feet) which include new dining concepts, specialty fitness, and many other retail destinations
  • As of 3/23/2020, 7-Eleven Stores Plan to Add 20K Jobs to Meet Demand
  • 25-minutes from downtown Houston, TX | Within 15-minutes of George Bush International Airport (40M annual passengers)
  • Greater Houston (MSA) | Population 7M+ | 5th largest in the USA