Absolute NNN Valero Gas Station | 16900 Farm to Market 2920

This offering represents an excellent single-tenant investment opportunity featuring a brand-new, high-quality 2025 construction designed to serve a rapidly growing population in the Houston MSA. The property is secured by a new 20-year absolute NNN lease with zero landlord responsibilities and offers up to 40 years of potential lease term, along with a strong lease guaranty (details available through the broker). Ownership is fee simple, including both land and building, and the asset may qualify for bonus depreciation (buyers should consult a CPA). The lease includes 2% annual rent increases throughout the primary term and option periods, with additional income generated from subtenants that helps reduce operating costs for the master lessee. The property features a large 8,041-square-foot convenience store, 12 fuel pumps, and sits on an oversized 2.02-acre lot with a history of consistent operational performance. Ideally located in a dense infill area of Houston, the site benefits from over 469,000 residents and 171,600 households within a 10-mile radius, strong traffic counts exceeding 23,700 vehicles per day along Farm-to-Market 2920, and significant population growth of 37% within three miles from 2020 to 2024, with continued growth projected. Positioned less than 40 minutes from downtown Houston, the property is supported by strong consumer spending trends, particularly in transportation fuel and maintenance, and benefits from Texas’ income tax-free environment, making it a compelling long-term, income-producing investment.