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1324 HARRIS AVE Pasadena TX 77506-3600

[Locked] • APN 0720800050003

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Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Building SqFt 9,000
Lot SqFt 46,890
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code NZ
Year Built 2011
Building Count 2
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station
Marketing Description

For More Information Contact:

Ned Skinner [email protected]

Chandler Dignam [email protected]

Excellent Single Tenant Investment Opportunity

  • 18 Years Remaining on Absolute NNN Lease

  • Strong Lease Guaranty; 80+ Unit Operator; Contact Broker for Details

  • Fee Simple; Land and Building Ownership

  • Qualifies for Bonus Depreciation (Consult with a Tax Professional)

  • 12.5% Rent Increases Every 5 Years in Primary Term and Option Periods

  • Tenant Collects Additional Rental Income from Subtenants; Lowering Master Lessee’s Operating Costs

  • Large 9,000 Square Feet Convenience Store with 8 Pumps

  • Oversized 1.25 Acre Lot

  • Proven Long-Term Operational Success; Consistent Performance History

Outstanding Location in Houston, MSA

  • Dense Infill Houston, TX Location; Over 253,000 Residents within 5 Miles

  • Over 10,250 Cars Per Day along Harris Avenue Road

  • Positioned along Strawberry Road; a main thoroughfare for regional traffic

  • Stable and Established Population

  • Over 81,000 Households within 5 Miles

  • Less than 14 Miles to Downtown Houston; Strategic Urban Access

  • Transportation Fuel and Maintenance is the 2nd Highest Consumer Expenditure within 1 Mile: ~28.5% of all Spending

  • Income Tax Free State of Texas

Investment Highlights

For More Information Contact:

Ned Skinner nskinner@anchorpointcapital.com

Chandler Dignam [email protected]

Excellent Single Tenant Investment Opportunity

  • 18 Years Remaining on Absolute NNN Lease

  • Strong Lease Guaranty; 80+ Unit Operator; Contact Broker for Details

  • Fee Simple; Land and Building Ownership

  • Qualifies for Bonus Depreciation (Consult with a Tax Professional)

  • 12.5% Rent Increases Every 5 Years in Primary Term and Option Periods

  • Tenant Collects Additional Rental Income from Subtenants; Lowering Master Lessee’s Operating Costs

  • Large 9,000 Square Feet Convenience Store with 8 Pumps

  • Oversized 1.25 Acre Lot

  • Proven Long-Term Operational Success; Consistent Performance History

Outstanding Location in Houston, MSA

  • Dense Infill Houston, TX Location; Over 253,000 Residents within 5 Miles

  • Over 10,250 Cars Per Day along Harris Avenue Road

  • Positioned along Strawberry Road; a main thoroughfare for regional traffic

  • Stable and Established Population

  • Over 81,000 Households within 5 Miles

  • Less than 14 Miles to Downtown Houston; Strategic Urban Access

  • Transportation Fuel and Maintenance is the 2nd Highest Consumer Expenditure within 1 Mile: ~28.5% of all Spending

  • Income Tax Free State of Texas

Property Type
Property Type
Retail
Marketing Description
For Sale

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
EV
Eric Vu PRO
•••.•••.1077
evu@••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
NS
Ned Skinner
•••.•••.2454
••••nner@••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
CD
Chandler Dignam
•••.•••.9617
•••gnam@••••••••••••••••••.com
Brokerage logo

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