22949 Kuykendahl Rd, Tomball, TX 77375
Retail | 6.50% CAP | 4,750 SqFt
Marketing description
Located along the rapidly growing Kuykendahl Road corridor in southern Tomball, Texas, the Property benefits from its position within one of the Houston metropolitan area's most affluent and fastest-expanding suburban trade areas. Situated near the intersection of Kuykendahl Road and FM 2920, the site enjoys strong visibility and convenient access to major commuter routes serving Tomball, Spring, The Woodlands, and northern Harris County. Continued residential development, population growth, and expanding commercial activity have established the corridor as a highly desirable location for convenience retail and fuel service operators seeking consistent daily traffic and a growing customer base.
The Property is strategically positioned within the greater Houston MSA, the nation's fifth-largest metropolitan area and one of the country's most dynamic economic regions. The surrounding area is supported by a diverse employment base spanning energy, healthcare, logistics, advanced manufacturing, technology, and professional services. Nearby employment centers including The Woodlands, ExxonMobil's Houston Campus, and numerous healthcare and corporate facilities generate substantial commuter traffic throughout the corridor. Strong household incomes, increasing residential density, and continued retail expansion contribute to sustained demand for convenience stores, fuel stations, and quick-service retail offerings.
Investment highlights
- Corporate-Guaranteed Lease: Lease is guaranteed by 7-Eleven, Inc. (S&P: A-), providing investment-grade credit backing regardless of the operator on site.
- Absolute Net Lease: Zero landlord responsibilities, tenant responsible for roof and structure.
- Long-Term Remaining Lease: Over 11 years remaining on the primary term, with five, 5-year renewal options.
- Built-In Rent Growth: 7.5% rental increases every five years and 7.5% in options, providing a hedge against inflation.
- 2021 Construction: Modern ±4,750 SF building with a single-row canopy, 8 fueling positions, and 16 pumps on ±1.47 acres.
- High-Growth Houston Submarket: Located at the signalized intersection of Kuykendahl Rd and Dowdell Rd (combined ±40,373 VPD), minutes from Grand Parkway Toll Road (±80,022 VPD).
- Strong Demographics: 177,112 residents and 145,707 employees within a 5-mile radius; average household income of $143,129.
- Dense Retail Trade Area: Surrounded by Target, TJ Maxx, Burlington, Home Depot, Kroger Marketplace, CVS, and Grand Parkway Marketplace (75-acre development).
- Fee Simple Ownership: Potentially eligible for bonus depreciation — consult your CPA or tax professional.
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