N 23rd & E Expressway 83 st - Convenience Store FOR SALE
Penitas, TX 78576 |
$7,839,000 USD
713-263-3981
NO PHOTO
$7,839,000 USD
Convenience Store - FOR SALE
null | 5% Cap Rate
N 23rd & E Expressway 83 st
Penitas, TX 78576
HIGHLIGHTS
- Rent Commencement: May 27, 2026 (Estimated); 15-Yr Abs. NNN Lease with 10% Rent Increases Every 5 Yrs in both Primary Term & Option Periods
- Prime Location within Liberty Corners Retail Center with Direct Frontage on US-83; Shadow-Anchored by Walmart & Home Depot
- Adjacent to the Future Penitas Crossing, 58 AC Retail Center – Burlington, Ross, Marshalls, Five Below, LongHorn Steakhouse, and Olive Garden
- Penitas, TX – Rapidly Transforming into a Regional Retail Destination Fueled by Millions in Investment from Major National Retailers & More
FOR SALE DETAILS
PRICE
$7,839,000 USD
PRICE/SF
$1,615 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
-
APN/PARCEL ID
H4250-01-000-0233-00
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713-263-3981
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713-263-3981
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