1103 W Main St, La Porte, TX 77571 For Sale

HOUSTON MSA | NNN 10 YR LEASE | FEE SIMPLE | 10% INCREASES EVERY 5 YEARS

Investment highlights

FUNDAMENTAL LOCATION, VISIBILITY & ACCESS

• Located at the hard corner 4-way signalized intersection along Texas State Highway 146 with outstanding visibility and ±80,839 vehicles per day (VPD)

• Brand-new 2020 construction featuring a modern 7-Eleven prototype with gas station, including a ±4,842 SF convenience store, and 16 fueling stations.

• Port of Houston (4 miles): The busiest U.S. port by foreign tonnage, supporting 56,000+ employees.

• La Porte High School, Junior High, and Elementary School (1 mile): Enrolls approximately 2,935 students, ensuring consistent local demand.

• Morgan’s Landing (1 mile): A 642-home master-planned community driving residential growth.

• Bay Forest Golf Course (3 miles): A popular regional destination attracting both local and visiting golfers.

• LyondellBasell Bayport Polymers Plant (4 miles): A key industrial employer contributing to strong workforce demand.

• Excellent Access and Visibility: Excellent ingress/egress with strong corner positioning in the high-growth Houston MSA.

CORPORATE CREDIT W/ OPTIMAL LEASE STRUCTURE

• Corporate Guaranty by 7-Eleven, Inc. and a S&P “A” credit rating

• 15-Year Base Lease Term commenced August 1, 2020

• Absolute NNN Lease | Zero Landlord Responsibilities

• 10% Rental Increases Every Five (5) Years in Base Term and Option Periods

• Four, 5-Year Renewal Options

• Property featuring Laredo Taco Company, 7-Eleven’s own authentic Mexican food chain: Jointed with the home of authentic, traditional Tex-Mex food Laredo Taco.

• Fee Simple Ownership — eligible for bonus depreciation (consult CPA)

FAVORABLE DEMOGRAPHICS

• Household Income exceeds $101,857 within a 3-mile radius

• Strong regional demand and proximity to industrial economic hubs like the Port of Houston and Houston Ship Channel

• Located within La Porte, a city with strong industrial employment and residential stability

• Part of the Houston MSA, one of the fastest growing regions in the U.S., gaining over 250 new residents daily

CATEGORY LEADING TENANT

• 7-Eleven ranks #1 amongst its competitors, with an 8.5% market share in the US and 35.5% of total industry revenue, according to IBIS World

• 7-Eleven operates more than 13,000 stores in the US and Canada & 85,800+ stores worldwide

• Reported revenue of $87.60 Billion in 2024

• Ranked #261 on Forbes “World’s Largest Companies” in 2024, with $87.60 Billion in revenue and $38.08 Billion market cap

• Parent Company, Seven & I Holdings Co., Ltd., actively investing to double U.S. store count by 2027, and grow to 100,000 stores in 30 countries and regions by 2030, according to Reuters