Listed by Marcus & Millichap - Fort Worth
$6,000,000
Ashley's Marketplace @ Perry Rd
Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 6,267
Pumps 20
Cap Rate 7.30%
NOI $438,033
Tenancy Multi
Brand/Tenant Golden Chick, Charley's Philly Steaks
Lease Type NNN
Lease Expiration 09/30/2040
Pro-Forma Cap Rate 10.19%
Pro-Forma NOI $611,307
Class A
Year Built 2025
Acreage 1.000
Investment Type Owner/User
Ground Lease No
Prime Houston Fuel Site | National Food Brands Included
Marketing description
Ashley’s Marketplace at Perry Road is a purpose-built, Shell-branded convenience store with on-site Charley’s and a Golden Chick end-cap, offered fee simple on a fast-growing Houston corridor. Opened in September 2025, the store pairs brand-new construction with an established, ramping operating history and clear stabilization upside — available individually or as part of the five-property Ashley’s Marketplace portfolio.
Investment highlights
- Brand-new 2025 construction, fee simple. A rare new-build c-store with minimal deferred maintenance and near-term capex — own the real estate and the business.
- Advantaged Shell fuel supply. Branded fuel at rack −$0.07 driving 80,226 gallons per month, with room to grow to a stabilized 116,249 gal/mo.
- Built-in national foodservice. On-site Charley’s (~$26,220/mo food sales) plus a Golden Chick end-cap (~$10,250/mo rent on a 10+ year lease) diversify income.
- ~40% stabilization upside. IMST-projected EBITDA grows from $438,033 in-place to $611,307 as fuel volume and inside sales ramp.
- Dense, growing Houston corridor. 106,890 residents and $87,768 average household income within five miles, in the nation’s 4th-largest metro (7.6M)
Listing Contacts
Listed by Marcus & Millichap - Fort Worth
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$438,033.00
$36,502.75/mo
Valuation Metrics
0
DSCR
7.3%
Cap Rate
7.3%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Name
License
Brokerage
Brokerage Phone
Brokerage Address
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
