Listed by Anchor Point Capital
$5,457,000
Absolute NNN Lease Chevron Gas Station | Houston MSA, TX
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 1,989
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Year Built 1983
Acreage 0.690
Investment Type Net Lease
Ground Lease No
New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term
Marketing description
For More Information, Contact
- Chandler Dignam [email protected]
- Ned Skinner [email protected]
Excellent Single Tenant Investment Opportunity
- New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term
- Strong Lease Guaranty; Contact agent 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
- 1,989 Square-Foot Convenience Store with 8 Fueling Lanes
- Excellent Visibility and Access on Main Street
Outstanding Location in Houston MSA
- Dense Infill Location; Over 200,000 Residents within 5 Miles
- Affluent Submarket of Houston; Average Household Income Exceeds $119,000 within 1 Mile
- 31,300 Cars Per Day along Main Street
- Located within League City’s Primary Retail Corridor; Nearby National Retailers Include; Kroger, Panda Express, Bank of America, Chase, Taco Bell, Advance Auto Parts, Mattress Firm, Whataburger
- Total Vehicle and Maintenance Spending is the 2nd Highest Consumer Expenditure within 1 Mile
- League City is One of Houston’s Fastest Growing Suburbs
Investment highlights
For More Information, Contact
- Chandler Dignam [email protected]
- Ned Skinner [email protected]
Excellent Single Tenant Investment Opportunity
- New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term
- Strong Lease Guaranty; Contact agent 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
- 1,989 Square-Foot Convenience Store with 8 Fueling Lanes
- Excellent Visibility and Access on Main Street
Outstanding Location in Houston MSA
- Dense Infill Location; Over 200,000 Residents within 5 Miles
- Affluent Submarket of Houston; Average Household Income Exceeds $119,000 within 1 Mile
- 31,300 Cars Per Day along Main Street
- Located within League City’s Primary Retail Corridor; Nearby National Retailers Include; Kroger, Panda Express, Bank of America, Chase, Taco Bell, Advance Auto Parts, Mattress Firm, Whataburger
- Total Vehicle and Maintenance Spending is the 2nd Highest Consumer Expenditure within 1 Mile
- League City is One of Houston’s Fastest Growing Suburbs
Listing Contacts
Listed by Anchor Point Capital
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