Pinnacle Oil & Gas
Retail | 7.50% CAP | 5,075 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 10750 Veterans Memorial Drive, Houston, TX 77038. The site consists of roughly 5,075 rentable square feet of building space on an estimated 1.04-acre parcel of land. This Pinnacle Oil & Gas is subject to a 20-year Triple Net (NNN) lease, which commenced 7/29/2025. The current annual rent is $492,278 and has scheduled increases of 2.00% annually.
Investment highlights
This Site Qualifies for Bonus Depreciation | Strong Reported Sales | The site qualifies for bonus depreciation, and the tenant's strong reported sales make it an even more attractive asset due to the associated tax efficiencies.
Absolute Triple Net Lease with No Landlord Responsibilities | Pinnacle Oil & Gas is under a brand-new 20-year absolute triple net lease, placing all expenses on the tenant and eliminating landlord responsibilities. This structure ensures investors receive predictable, passive income with long-term stability.
Attractive 2% Annual Rental Increases | The lease includes 2% annual rent increases during the 20-year base term and each of the four 5-year option periods. This predictable escalation structure supports long-term income growth and provides a hedge against inflation.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
