13521 Perry Rd - Service Station FOR SALE


Houston, TX 77070
$5,342,657 USD
602-687-6780
13521 Perry Rd, Houston, TX for Sale
$5,342,657 USD
Service Station - FOR SALE
1/5
null | 7.15% Cap Rate

13521 Perry Rd
Houston, TX 77070


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 Northwest Houston with Nearly 300,000 Residents within a Five-Mile Radius
  • Situated by the Corner of Grant Road and Perry Road, Accessed by ±33,625 Cars per Day
  • High-Traffic Location Immediately Off Tomball Parkway/TX-249 (±126,580 Cars per Day), a Significant Thoroughfare Providing Access to Downtown Houston
  • Households Projected to Increase More Than 5% in the Immediate Area by 2030

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. As the fifth-most populous metro area in the United States, Houston houses more than 7.4 million people in southeastern Texas. Roughly one-third of residents live in the city of Houston.

FOR SALE DETAILS

PRICE

$5,342,657 USD

PRICE/SF

$655 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunoco (Panthers Petroleum)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

F1

APN/PARCEL ID

0431720000376

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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