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1103 W Main St 4,842 SF Retail Building La Porte, TX 77571 $6,513,629 ($1,345.24/SF) 5.40% Cap Rate
Investment Highlights
- Located at the hard corner 4-way signalized intersection along Texas State Highway 146 with outstanding visibility and ±80,839 vehicles per day (VPD)
- Port of Houston (4 miles): The busiest U.S. port by foreign tonnage, supporting 56,000+ employees.
- Fee Simple Ownership — eligible for bonus depreciation (consult CPA)
- Brand-new 2020 construction featuring a modern 7-Eleven prototype with gas station, including a ±4,842 SF convenience store, and 16 fueling stations.
- Corporate Guaranty by 7-Eleven, Inc. and a S&P “A” credit rating
- Part of the Houston MSA, one of the fastest growing regions in the U.S., gaining over 250 new residents daily
Executive Summary
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
Amenities
- Corner Lot
- Freeway Visibility
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
- -
- $66.03
- Triple Net
- Feb 2035
7-Eleven began in 1927 as the Southland Ice Company in Dallas and later grew into the 7-Eleven convenience brand. The company operates convenience retail stores and a franchise system, with banners and brands that include Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken & Biscuits, while also offering signature food and drink items such as Slurpee and Big Gulp beverages. 7-Eleven continues as a global convenience retailer and remains focused on fast, everyday shopping across a wide network of stores.
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- Retailer
- -
- -
- -
- -
ExxonMobil was formed in 1999 through the merger of Exxon and Mobil, building on roots that reach back to Standard Oil and the early U.S. oil industry. The company operates as a major integrated energy business with upstream exploration and production, downstream refining and product distribution, chemical manufacturing, and lower-emissions solutions. ExxonMobil's portfolio includes crude oil, natural gas, refined fuels, lubricants, petrochemicals, and technologies tied to carbon capture, hydrogen, and biofuels. The company maintains a long-standing market presence across energy and industrial supply chains and serves transportation, manufacturing, and consumer product markets worldwide.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | $66.03 | Triple Net | Feb 2035 | |
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Retailer | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0231820470035 | Improvements Assessment | $1,141,009 |
| Land Assessment | $818,730 | Total Assessment | $1,959,739 |
Property Taxes
Contacts
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Michael Tamir -
Kevin Puder -
Chad Kurz -
Matthews Real Estate Investment Services
