New Construction Mustang Express | 1726 Oleander St

This offering presents an excellent single-tenant investment opportunity featuring a brand-new, high-quality 2025 construction 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 (contact broker for details). Ownership is fee simple, including both land and building, and the asset may qualify for bonus depreciation (consult a CPA). The lease includes 2% annual rent increases throughout the primary term and option periods, providing steady income growth. The property consists of a 5,131-square-foot convenience store with 14 fuel pumps situated on an oversized 1.60-acre lot, supported by a history of consistent operational performance. Located in an affluent pocket of the Houston MSA, the site benefits from average household incomes exceeding $180,000 within one mile and is positioned directly in front of the Southern Trails master-planned community, where average home prices exceed $500,000. The surrounding area features a dense infill population of 178,000 residents within five miles and projected population growth of 13.8% from 2024 to 2029. Additionally, the property is just 17 miles from downtown Houston and is supported by strong consumer spending on transportation fuel and maintenance, making it a compelling, long-term, income-producing investment in a high-growth, income tax-free state.