Listed by SURMOUNT
$10,137,560
Pinnacle Oil & Gas
Details
Property Type Retail
Sub Type Gas Station
Square Footage 12,025
Cap Rate 8%
NOI $811,005
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 20
Lease Expiration 07/28/2045
Remaining Term 19.2
Rent Bumps Yes
Lease Options 4, 5-Year Options
Price per SqFt $843
Year Built 2019
Acreage 1.670
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/29/2025
Ownership Fee Simple
Retail | 8.00% CAP | 12,025 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 12311 Bammel North Houston Road, Houston, TX 77066. The site consists of roughly 12,025 rentable square feet of building space on an estimated 1.67-acre parcel of land. Pinnacle Oil & Gas is subject to a 20.01-year Triple Net (NNN) lease, which commenced 7/29/2025. The current annual rent is $779,513 and has scheduled increases of 2.00% Annually.
Investment highlights
- 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.
- Strong Tenant and Corporate Guarantee | The lease is backed by Pinnacle Oil & Gas, a family-run fuel and convenience store operator established in 2020. The company operates 46 stores across three states with over $108 million in annual revenue and maintains above-average margins through strategic expansion and operational efficiency.
- Attractive Depreciation Benefits | This site qualifies for an accelerated depreciation schedule of 15 years making it an even more attractive asset. Additionally, Buyers can work with a cost segregation specialist in order to determine what portions of the property may qualify for bonus depreciation, increasing the total depreciation expense the investor can take in the first year. Please contact the listing agent for more information as well as review with your CPA.
- Strategic Highway Connectivity & Easy Ingress/Egress | The property benefits from convenient access to several major Houston transportation corridors including State Highway 249, Beltway 8, and FM 1960, which collectively serve as key commuter routes for northwest Houston. The property features multiple points of ingress and egress, allowing vehicles to easily enter and exit from the roadway, improving traffic flow and customer convenience. This efficient access supports high customer turnover and enhances the site’s ability to capture both local neighborhood traffic and regional commuter demand.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$811,005.00
$67,583.75/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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