1212 Fm 2218 Rd - Service Station FOR SALE


Richmond, TX 77469- Richmond/Rosenberg
$4,285,714 USD
602-687-6780
1212 Fm 2218 Rd, Richmond, TX for Sale
$4,285,714 USD
Service Station - FOR SALE
1/5
null | 7.35% Cap Rate

1212 Fm 2218 Rd
Richmond, TX 77469
Richmond/Rosenberg


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Annual Rental Increases
  • Tenant is a Rapidly Growing Fuel Retail and Convenience Store Operator with Over 55 Locations Throughout Texas
  • Densely-Populated Trade Area in the Houston MSA with 133,256 Residents within a Five- Mile Radius
  • Signalized Hard Corner Location, Accessible by Nearly 34,000 Cars per Day
  • Conveniently Situated Near Interstate 69, a Significant Connector for the Houston MSA
  • Directly Across from Walmart Supercenter and Down the Road from Brazos Town Center, a 100-Acre Mixed-Use Center

OVERVIEW

Panthers Petroleum is a rapidly growing convenience store and fuel retail operator headquartered in Houston, Texas. The company is dedicated to delivering a superior customer experience through modern fuel stations, well-stocked convenience stores, and clean, professionally maintained facilities. Panthers Petroleum’s business model focuses on providing everyday essentials, fuel, beverages, snacks, and convenience retail products in high-traffic markets throughout Texas. Richmond is a suburb of Houston and the county seat of Fort Bend County in Texas. Located between I-69 and the Grand Parkway, the city is easily connected to major commercial hubs.

FOR SALE DETAILS

PRICE

$4,285,714 USD

PRICE/SF

$952 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RiteStop (Panthers Petroleum)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

SX

APN/PARCEL ID

0055-00-000-0643-901

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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

Christopher LindMarcus & MillichapMore Info
602-687-6780

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