1324 Harris Avenue in Pasadena, Texas, offers a strong retail investment in the Houston metro area. The property is secured by an absolute NNN lease with about 18 years remaining, providing stable, long-term income. Scheduled rent increases of 12.5% every five years add to the property’s growth potential.
The site includes a 9,000-square-foot convenience store with eight fueling stations on a 1.08-acre lot, supported by ample parking. Located on a busy corridor with over 10,250 vehicles per day and a population of more than 253,000 within five miles, the property benefits from excellent visibility and strong consumer demand.
Backed by an experienced operator with 80+ locations, this asset offers reliable tenancy and qualifies for bonus depreciation (consult a tax professional). With a 7% cap rate, this is a compelling opportunity for investors seeking a secure, income-producing property in a high-traffic Houston-area location.