Listed by Anchor Point Capital
$5,432,000
Absolute NNN Lease ExxonMobile | Houston, MSA, TX
Details
APN 490506
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,356
Units 1
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Year Built 1993
Year Renovated 2023
Acreage 2.000
Investment Type Net Lease
Ground Lease No
New 20 Year Absolute NNN Lease | 24,900 Cars Per Day at Along Highway 6
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
- 3,356 Square-Foot Convenience Store with 8 Fueling Lanes
- Excellent Visibility and Access from State Highway 6
Outstanding Location in Houston MSA
- 24,900 Cars Per Day at Along Highway 6
- Affluent Houston Submarket; Average Household Income Exceeds $113,000 within 3 Miles
- Adjacent to a 99 site RV Resort Park
- Total Transportation and Maintenance is the Top Consumer Expenditure within a 3 Mile Radius
- Positioned along Texas State Highway 6; a Primary Corridor in south Houston between Alvin, Manvel, and Pearland, Making it a Common Stop for Highway Travelers and Local Workers
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
- 3,356 Square-Foot Convenience Store with 8 Fueling Lanes
- Excellent Visibility and Access from State Highway 6
Outstanding Location in Houston MSA
- 24,900 Cars Per Day at Along Highway 6
- Affluent Houston Submarket; Average Household Income Exceeds $113,000 within 3 Miles
- Adjacent to a 99 site RV Resort Park
- Total Transportation and Maintenance is the Top Consumer Expenditure within a 3 Mile Radius
- Positioned along Texas State Highway 6; a Primary Corridor in south Houston between Alvin, Manvel, and Pearland, Making it a Common Stop for Highway Travelers and Local Workers
Listing Contacts
Listed by Anchor Point Capital
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