8817 Jensen Dr - Convenience Store FOR SALE


Houston, TX 77093- Eastex-Jensen
$4,228,125 USD
310-850-3124
8817 Jensen Dr, Houston, TX for Sale
$4,228,125 USD
Convenience Store - FOR SALE
1/5
null | 8% Cap Rate

8817 Jensen Dr
Houston, TX 77093
Eastex-Jensen


HIGHLIGHTS

  • New 20-year absolute NNN lease; Seasoned gas + c-store site since 2000
  • Features attractive 7.5% rental increases every 5 year; Direct frontage to 10,000+ vehicles per day
  • Primary daytime traffic corridor; Less than 1 mile from I-69 freeway
  • Average Household Income of $50,646 within 3-mile radius; Dense residential area with 37,000+ Households within 3-mile radius (2024)
  • Panthers Petroleum - highly experienced, Houston-based operator
  • Operator has 15 years of experience and has grown to 20+ locations throughout all its entities

OVERVIEW

Century Partners is pleased to present a seasoned gas station and convenience store investment located in a high-traffic Houston corridor. This asset is backed by a new 20-year absolute NNN lease with Panthers Petroleum II, a proven multi-unit operator with 15+ locations across Texas. Originally established in 2000, the site has demonstrated long-term operational stability and local market traction. The lease features attractive 7.5% rental increases every 5 years, offering built-in income growth and hedge against inflation. With zero landlord responsibilities, this property represents a truly passive, cash-flowing opportunity for investors seeking durable income from an essential retail asset.

FOR SALE DETAILS

PRICE

$4,228,125 USD

PRICE/SF

$996 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gas Station & C-Store in Houston, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,418 SF

ZONING

N/Ap, Houston

APN/PARCEL ID

0422270000010

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 Policy.