7303 Fairmont Pky - Freestanding FOR SALE


Pasadena, TX 77505- Southeast Houston
$6,376,000 USD
214-675-0175
7303 Fairmont Pky, Pasadena, TX for Sale
$6,376,000 USD
Freestanding - FOR SALE
1/4
null | 5% Cap Rate

7303 Fairmont Pky
Pasadena, TX 77505
Southeast Houston


HIGHLIGHTS

  • 2020 Construction. 4,650+/- SF Building on 1.42+/- Acre Site
  • Attractive Tax Advantages via reinstated Bonus Depreciation
  • Strong Signalized Corner Location with 59,000+ VPD Center Street and Fairmont Pkwy Serve as Primary Thoroughfares
  • Excellent Population Density the 5-Mile Radius Population Exceeds 200,000 People
  • 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
  • Pasadena | Located in the Houston, TX MSA | MSA Population: 7.7M+

OVERVIEW

10 Years Remaining on Abs. NNN Lease with 10% Rental Increases Every 5 Years in both the Primary Term and (4) 5-Year Options

FOR SALE DETAILS

PRICE

$6,376,000 USD

PRICE/SF

$1,377 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

-

APN/PARCEL ID

1409090020001

ASK ABOUT THIS PROPERTY

Matthew ScowSecure Net LeaseMore Info
214-675-0175

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Matthew ScowSecure Net LeaseMore Info
214-675-0175

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