750 Buffalo Run - Service Station FOR SALE


Missouri City, TX 77489- Buffalo Run
$7,043,000 USD
888-993-5344
750 Buffalo Run, Missouri City, TX for Sale
$7,043,000 USD
Service Station - FOR SALE
1/8
null | 7% Cap Rate

750 Buffalo Run
Missouri City, TX 77489
Buffalo Run


HIGHLIGHTS

  • 18 Years Remaining on Absolute NNN Lease; 12.5% Rent Increases Every 5 Years in Primary Term and Option Periods
  • Strong Lease Guaranty; 80+ Unit Operator; Contact Broker for Details
  • Fee Simple; Land and Building Ownership; Qualifies for Bonus Depreciation (Consult with a Tax Professional)
  • Large 7,251 Square Feet Convenience Store with 13 Pumps
  • Dense Infill Houston, TX Location; Over 1,300,000 Residents within 10 Miles; Positioned on the Corner of Buffalo Run and Fondren Road; 39,500 Cars per
  • Stable and Growing Population, with 9.12% Projected Population Growth from 2024-2029 within 3 Miles

OVERVIEW

750 Buffalo Run in Missouri City, Texas, offers a prime retail investment with a long-term absolute NNN lease. The property is leased to Phillips 66 with nearly 19 years remaining, ensuring stable income and predictable rent escalations of 12.5% every five years. This modern convenience store and fueling station, built in 2023, sits on a high-visibility corner with strong traffic counts and excellent access to the Houston metro area. The site benefits from a dense population base and projected growth, making it an attractive, income-producing asset for investors seeking security and long-term value.

FOR SALE DETAILS

PRICE

$7,043,000 USD

PRICE/SF

$971 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Abs. NNN Lease Phillips 66 | Houston, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

NX

APN/PARCEL ID

0626-00-000-1420-907

ASK ABOUT THIS PROPERTY

Eric VuAnchor Point CapitalMore Info
888-993-5344

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Eric VuAnchor Point CapitalMore Info
888-993-5344

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