$3,090,000 USD
844-585-7674
11290 Fondren Rd
Houston, TX 77096
Greater Fondren Southwest
HIGHLIGHTS
- Single-Tenant Absolute NNN Ground Lease With Marathon Fuel Franchisee
- Marathon Fuel Gas Stations (NYSE: MPC; S&P BBB) Operates 7,200 Independently Owned Retail Outlets and 1,100 Direct Dealers
- Marathon is #24 on the 2024 Fortune 500 List
- Pad to Fondren Marketplace, Anchored by Fiesta Mart, Which Operates 60 Grocery Stores Throughout Texas
- High-Traffic Signalized Intersection of Fondren Road and Bellfort Avenue; 55,000 Cars Per Day
- Dense, Infill Demographics: There are 459,0000 people with an $84,000 average household income within a 5-mile radius
FOR SALE DETAILS
PRICE
$3,090,000 USD
PRICE/SF
$1,533 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Marathon Fuel | Houston, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,314 SF
ZONING
-
APN/PARCEL ID
1064040000004
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
844-585-7674
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
844-585-7674
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
