1651 W Parkwood Ave - Freestanding FOR SALE


Friendswood, TX 77546
$5,896,000 USD
650-333-5092
1651 W Parkwood Ave, Friendswood, TX for Sale
$5,896,000 USD
Freestanding - FOR SALE
1/8
null | 7% Cap Rate

1651 W Parkwood Ave
Friendswood, TX 77546


HIGHLIGHTS

  • 2011 Construction/2019 Renovation. 7,500+/- SF Building On 1.63+/- Acre Site
  • Hard Corner Location at Signalized Intersection of W Parkwood Ave (FM 528) and San Joaquin Parkway (±33,500 VPD)
  • Affluent Submarket of Houston – Within 5-Mile Radius, Population Exceeds ±113,000 w/ Avg. HH Incomes of $143,730
  • Neighboring H-E-B, Chick-fil-A, Starbucks, Whataburger, Walgreens, Discount Tire, & More
  • 7-Eleven Is The World’s Largest Convenience Retailer With 85,000+ Stores Globally
  • Friendswood | Located in the Houston MSA | Population: 40,827+

OVERVIEW

9+ Years Remaining on 15-Year Absolute NNN Lease with 7-Eleven, Inc

FOR SALE DETAILS

PRICE

$5,896,000 USD

PRICE/SF

$786 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dark 7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

None

APN/PARCEL ID

3536-0001-0004-000

ASK ABOUT THIS PROPERTY

Suheil SahouriaSecure Net LeaseMore Info
650-333-5092

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Suheil SahouriaSecure Net LeaseMore Info
650-333-5092

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