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29432402
29432403

1726 Oleander St, Rosharon, TX 77583 For Sale

EV
01913407
Anchor Point Capital
NS
CA CA 02160283
Anchor Point Capital
Anchor Point Capital
Listed by Anchor Point Capital
$6,470,880
171 days on market
Updated 72 days ago

New Construction Mustang Express | Houston MSA, TX

Details
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Square Footage 5,131
Net Rentable (SqFt) 5,131
Units 1
Cap Rate 7.5%
NOI $485,316
Occupancy 100%
Tenancy Single
Brand/Tenant Mustang Express
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 11/19/2045
Remaining Term 19.4
Rent Bumps Yes
Lease Options 4 - 5 yr
Year Built 2025
Buildings 1
Stories 1
Acreage 1.600
Investment Type Net Lease
Lease Commencement 11/19/2025
Occupancy Date 11/19/2025
Ownership Fee Simple

Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)

Marketing description

For More Information, Contact

Ned Skinner [email protected]

Chandler Dignam [email protected]

Excellent Single Tenant Investment Opportunity

  • New 20 Year Absolute NNN Lease

    • 40 Years of Potential Remaining Lease Term

  • Brand New High Quality 2025 Construction

  • Strong Lease Guaranty; Contact broker for details

  • Fee Simple; Land + Building Ownership

  • Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)

  • 2% Annual Rent Increases in Primary Term and Option Periods

  • Large 5,131 Square-Foot Convenience Store

  • Oversized 1.60 Acre Lot

  • 14 Fuel Pumps

  • Proven Long-Term Operational Success; Consistent Performance History

Outstanding Location in Houston, MSA

  • Affluent Pocket of Houston MSA; Average Household Income Exceeds $180,000 within 1 Mile

  • Positioned Directly Infront of the Southern Trails Neighborhood; Recently Developed Master Planned High End Community; Average Home Price of $500,000+

  • Stable and Growing Population, with Projected Population Growth of 13.8% from 2024-2029 within 5 Miles

  • Dense Infill; 178,000 Residents within 5 Miles

  • Transportation Fuel and Maintenance is the Highest Consumer Expenditure within 1 Mile: ~26% of all Spending

  • 17 Miles to Downtown Houston

  • Income Tax Free State of Texas

Investment highlights

For More Information, Contact

Ned Skinner nskinner@anchorpointcapital.com

Chandler Dignam cdignam@anchorpointcapital.com

Excellent Single Tenant Investment Opportunity

  • New 20 Year Absolute NNN Lease

    • 40 Years of Potential Remaining Lease Term

  • Brand New High Quality 2025 Construction

  • Strong Lease Guaranty; Contact broker for details

  • Fee Simple; Land + Building Ownership

  • Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)

  • 2% Annual Rent Increases in Primary Term and Option Periods

  • Large 5,131 Square-Foot Convenience Store

  • Oversized 1.60 Acre Lot

  • 14 Fuel Pumps

  • Proven Long-Term Operational Success; Consistent Performance History

Outstanding Location in Houston, MSA

  • Affluent Pocket of Houston MSA; Average Household Income Exceeds $180,000 within 1 Mile

  • Positioned Directly Infront of the Southern Trails Neighborhood; Recently Developed Master Planned High End Community; Average Home Price of $500,000+

  • Stable and Growing Population, with Projected Population Growth of 13.8% from 2024-2029 within 5 Miles

  • Dense Infill; 178,000 Residents within 5 Miles

  • Transportation Fuel and Maintenance is the Highest Consumer Expenditure within 1 Mile: ~26% of all Spending

  • 17 Miles to Downtown Houston

  • Income Tax Free State of Texas

Listing Contacts

EV
01913407
Anchor Point Capital
NS
CA CA 02160283
Anchor Point Capital
Anchor Point Capital
Listed by Anchor Point Capital

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$485,316.00
$40,443.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Property History

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