Listed by Anchor Point Capital
$5,851,852
Absolute NNN Valero Gas Station | Houston MSA, TX
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,600
Net Rentable (SqFt) 2,600
Cap Rate 6.75%
NOI $395,000
Tenancy Single
Brand/Tenant Valero
Lease Type Absolute NNN
Lease Expiration 04/20/2045
Rent Bumps Yes
Lease Options 4 - 5Yr Options @ 2% Annually
Year Built 1982
Acreage 0.710
Investment Type Net Lease
Lease Commencement 04/21/2025
Ground Lease No
Ownership Fee Simple
Dense Infill; 311,000+ Residents within 5 Miles
Marketing description
For More Information, Contact
Chandler Dignam [email protected]
Jacob Sparks [email protected]
Excellent Single Tenant Investment Opportunity
- New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term
- Strong Lease Guaranty; Contact broker for details
- Fee Simple; Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult with Your Tax Professional)
- 2% Annual Rent Increases in Primary Term and Option Periods
- 2,600 Square-Foot Convenience Store with 8 Fueling Lanes
- Excellent Visibility and Access on Burke Road
Outstanding Location in Houston, MSA
- 26,900 Cars Per Day at the Signalized Hard Corner Intersection Location of Burke Road and Vista Road
- Over 311,000 People and $81,371 Average Household Income within a 5-Mile Radius
- Convenient Neighborhood Location Along Burke Road Near Daily‑Needs Retail and Services Including; 24‑Hour Walgreens, Kroger’s, Bealls, Petco, HCA Houston Healthcare, and St. Luke’s Health Medical Center
- Located Within the Houston MSA and the Southeast Industrial / Petrochemical Corridor, Benefiting from Daily Traffic Generated by Refinery, Port, and Service‑Sector Employment
Investment highlights
For More Information, Contact
Chandler Dignam [email protected]
Jacob Sparks [email protected]
Excellent Single Tenant Investment Opportunity
- New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term
- Strong Lease Guaranty; Contact broker for details
- Fee Simple; Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult with Your Tax Professional)
- 2% Annual Rent Increases in Primary Term and Option Periods
- 2,600 Square-Foot Convenience Store with 8 Fueling Lanes
- Excellent Visibility and Access on Burke Road
Outstanding Location in Houston, MSA
- 26,900 Cars Per Day at the Signalized Hard Corner Intersection Location of Burke Road and Vista Road
- Over 311,000 People and $81,371 Average Household Income within a 5-Mile Radius
- Convenient Neighborhood Location Along Burke Road Near Daily‑Needs Retail and Services Including; 24‑Hour Walgreens, Kroger’s, Bealls, Petco, HCA Houston Healthcare, and St. Luke’s Health Medical Center
- Located Within the Houston MSA and the Southeast Industrial / Petrochemical Corridor, Benefiting from Daily Traffic Generated by Refinery, Port, and Service‑Sector Employment
Listing Contacts
Listed by Anchor Point Capital
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$395,000.00
$32,916.67/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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Tax History
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