11530 Pearland Pky - Service Station FOR SALE


Houston, TX 77089- Southbelt-Ellington
$5,865,000 USD
818-933-0350
11530 Pearland Pky, Houston, TX for Sale
$5,865,000 USD
Service Station - FOR SALE
1/14
null | 5.25% Cap Rate

11530 Pearland Pky
Houston, TX 77089
Southbelt-Ellington


HIGHLIGHTS

  • Newer Corporate Leased 7-Eleven
  • Absolute Triple Net Lease
  • 5.25% Cap Based on the 9/2027 Rent Increase
  • 7.5% Rent Bumps
  • Superb Traffic Counts with Excellent Demographics
  • Shadow-Anchored by Target

OVERVIEW

7-Eleven and Laredo Taco is a well-maintained absolute triple net retail property with 7-Eleven having a master lease covering the entire property. There is 4,842 square feet of leasable space, set on a 1.18-acre lot. The property is well located in Houston, Texas. Built in 2022, the property is surrounded by multifamily, retail and food options including a Chick-fil-A directly next door, as well as a Whataburger directly next to that. There are 12 fuel pumps, and the property has 15 parking spaces. PROPERTY HIGHLIGHTS: • Newer Corporate Leased 7-Eleven • Absolute Triple Net Lease • 5.25% Cap Based on the 9/2027 Rent Bump • 7.5% Rent Bumps • Superb Traffic Counts with Excellent Demographics • Shadow-Anchored by Target

FOR SALE DETAILS

PRICE

$5,865,000 USD

PRICE/SF

$1,211 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven with Laredo Taco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

None

APN/PARCEL ID

1355870020009

ASK ABOUT THIS PROPERTY

Warren BerzackLee & Associates Commercial Real EstateMore Info
818-933-0350

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Warren BerzackLee & Associates Commercial Real EstateMore Info
818-933-0350

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