$2,800,000 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
- 6.5 Years Remaining on Absolute NNN Lease; Zero Landlord Responsibilities
- Rare Annual Increases Starting in January 2026
- Tenant Spent Significant Capital Converting From a Shell to Marathon Fuel in 2025
- Marathon Is #29 on the 2024 Fortune 500 List
FOR SALE DETAILS
PRICE
$2,800,000 USD
PRICE/SF
$1,389 USD /SF
CAP RATE
6.25%
% 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
1982
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,314 SF
ZONING
-
APN/PARCEL ID
1064040000004
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844-585-7674
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844-585-7674
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