10670 Little York rd - Convenience Store FOR SALE


Houston, TX 77041- Carverdale
$4,615,000 USD
214-675-0175
10670 Little York rd, Houston, TX for Sale
$4,615,000 USD
Convenience Store - FOR SALE
1/7
null | 6% Cap Rate

10670 Little York rd
Houston, TX 77041
Carverdale


HIGHLIGHTS

  • 2022 Construction, Former Large Format 7-Eleven – 4,650+/- SF Building on 0.95+/- Acre Site
  • Signalized, Hard Corner Location at the Intersection of W Sam Houston Pkwy N (18,400 VPD) and W Little York Rd (26,300 VPD)
  • Subject Property is Located in a Dense Industrial Corridor and Surrounded by Several Large Industrial Tenants
  • High Growth Trade Area in Houston, Surrounded by Over 257,000 Residents Living Within a 5 Mile Radius
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores; Time Maxx 28+ Locations in Greater Houston Area
  • Houston | 5th Largest Metro in the U.S. | Population: 2.33M+

OVERVIEW

12 Yrs. Remaining on 7-Eleven Corporate Lease. Rare NNN Lease w/ 10% Rent Bumps Every 5 Yrs., Starting Yr. 6 in Primary Term & Yr. 16 in Options

FOR SALE DETAILS

PRICE

$4,615,000 USD

PRICE/SF

$992 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven / TimeMaxx

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

F1

APN/PARCEL ID

1248460010001

ASK ABOUT THIS PROPERTY

Matthew ScowSecure Net LeaseMore Info
214-675-0175

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Matthew ScowSecure Net LeaseMore Info
214-675-0175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.