Description

This offering represents an excellent single-tenant investment opportunity in the Houston MSA, featuring a recently remodeled and rebranded 12,824-square-foot convenience store completed in 2025. The property sits on a 1.00-acre lot with 10 fuel pumps and is secured by a new 20-year absolute NNN lease with zero landlord responsibilities, offering up to 40 years of potential lease term. The lease includes 2% annual rent increases throughout the primary term and option periods, along with additional income from subtenants that helps offset operating costs for the master lessee. The asset is fee simple, including both land and building, and may qualify for bonus depreciation (buyers should consult a CPA), supported by a strong lease guaranty (contact broker for details). Located in a dense infill area with over 230,000 residents within five miles, the property benefits from traffic counts exceeding 33,500 vehicles per day along Farm-to-Market 2920 and is situated in an affluent pocket of Houston with average household incomes surpassing $117,000 within three miles. Positioned approximately 30 minutes from downtown Houston, the site offers strategic urban access and is supported by strong consumer spending trends, with transportation fuel and maintenance ranking as the second-highest expenditure category locally, making this a stable, income-producing investment in a growing, income tax-free state.