8817 Jensen Dr - Service Station FOR SALE


Houston, TX 77093- Eastex-Jensen
$4,685,315 USD
925-348-1844
8817 Jensen Dr, Houston, TX for Sale
$4,685,315 USD
Service Station - FOR SALE
1/1
null | 7.15% Cap Rate

8817 Jensen Dr
Houston, TX 77093
Eastex-Jensen


HIGHLIGHTS

  • Long Term Absolute NNN Lease
  • Zero Landlord Obligation
  • Annual 2% Rent Increases
  • Backed by Strong Houston-based Operator
  • Income Tax Free State
  • Additional Locations Available

OVERVIEW

This is the opportunity to acquire a ±4,804 SF single-tenant fuel-and-convenience retail property occupied by Panther Petroleum at 8817 Jensen Drive in Houston, Texas, secured by a brand-new 20-year Absolute NNN lease. The lease carries $335,000 in annual rent with attractive 2% annual increases through its September 30, 2045 expiration, providing a built-in inflation hedge. The site boasts a prime location along the high-traffic Jensen Drive corridor in northeast Houston, serving strong commuter and truck traffic. This offering features an Absolute NNN lease structure with zero landlord responsibilities, backed by Panther Petroleum — a rapidly growing Houston-based operator expanding through acquisitions toward a portfolio of 50+ locations. Combined with its location in income-tax-free, pro-business Texas, this asset provides investors with a stable, passive income stream in a pro-business environment.

FOR SALE DETAILS

PRICE

$4,685,315 USD

PRICE/SF

$852 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panther Petroleum Long Term Absolute NNN Leas

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

N/Ap, Houston

APN/PARCEL ID

0422270000010

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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