1621 Collingsworth St - Service Station FOR SALE


Houston, TX 77009- Ryon
$3,750,000 USD
310-850-3124
1621 Collingsworth St, Houston, TX for Sale
$3,750,000 USD
Service Station - FOR SALE
1/4
null | 8% Cap Rate

1621 Collingsworth St
Houston, TX 77009
Ryon


HIGHLIGHTS

  • New 20-year absolute NNN lease; 30+ year seasoned location – has operated since 1994; Bonus Depreciation Eligible
  • Signalized hard corner, direct frontage to 6,400+ vehicles per day; Primary daytime traffic corridor
  • Dense residential area: 177,000+ households within 5-mile radius; Average household income of $103,000+ within 5-mile radius
  • Panthers Petroleum - highly experienced, Houston-based operator

OVERVIEW

Century Partners is pleased to offer a rare investment opportunity in a high-performing gas station and convenience store under a brand-new 20-year absolute NNN lease. This seasoned location has operated successfully since 1994, demonstrating over 30 years of consistent performance and tenant stability. In addition to its strong operational history, the property offers investors the benefit of Bonus Depreciation eligibility.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$1,282 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gas Station & C-Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,002 SF

ZONING

-

APN/PARCEL ID

0310520000008

ASK ABOUT THIS PROPERTY

Joshua BergerCentury Partners Real Estate Inc.More Info
310-850-3124

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Joshua BergerCentury Partners Real Estate Inc.More Info
310-850-3124

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