Dark 7-Eleven Friendswood, TX

1651 West Parkwood Avenue
Friendswood, TX

Price: $5,896,000
Cap Rate: 7.00%
NOI: $412,661
Building Size: Approx. 7,500 Sq. Ft.
Lot Size: Approx. 1.63 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built / Renovated: 2011 / 2019

Investment Overview

  • 2011 Construction/2019 Renovation. 7,500+/- SF Building On 1.63+/- Acre Site
  • 9+ Years Remaining on 15-Year Absolute NNN Lease with 7-Eleven, Inc
  • Hard Corner Location at Signalized Intersection of W Parkwood Ave (FM 528) and San Joaquin Parkway (±33,500 VPD)
  • Affluent Submarket of Houston – Within 5-Mile Radius, Population Exceeds ±113,000 w/ Avg. HH Incomes of $143,730
  • Neighboring H-E-B, Chick-fil-A, Starbucks, Whataburger, Walgreens, Discount Tire, & More
  • 7-Eleven Is The World’s Largest Convenience Retailer With 85,000+ Stores Globally
  • Friendswood | Located in the Houston MSA | Population: 40,827+

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