$3,995,000 USD
888-993-5344
5330 N Braeswood Blvd
Houston, TX 77096
Meyerland Area
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease; 4 Five-Year Options; Guaranteed by Multi-State Circle K Franchisee; Strong Financial Backing
- Fee Simple Ownership (Land & Building); Zero Landlord Responsibilities for Passive Investment; 10% Rent Increases Every 5 Years
- Fully Renovated in November 2019; Proven Long-Term Operational Success
- 8 Fuel Pumps with Large Convenience Store; Top-Performing Location; Exceptional Site-Level Sales and Conservative Rent Coverage Ratio
- Dense Infill Location; Over 536,000 Residents within 5 Miles; Affluent Neighborhood; Average Household Income Exceeds $139,000 within 1 Mile
- Less than 15 Minutes to Downtown Houston; Strategic Urban Access; Fuel and Convenience Retail is Top Consumer Expenditure within 1 Mile
FOR SALE DETAILS
PRICE
$3,995,000 USD
PRICE/SF
$804 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL Circle K | Houston, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.67 AC
LAND SF
29,185 SF
ZONING
-
APN/PARCEL ID
0410880000025
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888-993-5344
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888-993-5344
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