Your email has been sent.
Marathon Fuel | Houston, TX 11290 Fondren Rd 2,016 SF Retail Building Houston, TX 77096 $2,630,000 ($1,304.56/SF) 6.65% Cap Rate
Investment Highlights
- Single-Tenant Absolute NNN Ground Lease With Marathon Fuel Franchisee
- 6.5 Years Remaining on Absolute NNN Lease; Zero Landlord Responsibilities
- Tenant Spent Significant Capital Converting From a Shell to Marathon Fuel in 2025
- Marathon Fuel Gas Stations (NYSE: MPC; S&P BBB) Operates 7,200 Independently Owned Retail Outlets and 1,100 Direct Dealers
- Rare Annual Increases Starting in January 2026
- Marathon Is #29 on the 2024 Fortune 500 List
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Mining, Quarrying, and Oil and Gas Extraction
- -
- -
- -
Shell formed in 1907 through the merger of Royal Dutch Petroleum and the Shell Transport and Trading Company, creating a business that grew into a global energy group. Shell's operations span exploration, production, refining, marketing, chemicals, and trading, alongside lower-carbon areas such as biofuels, solar, wind, and electric vehicle charging. In the United States, Shell has been active for more than a century with every major line of business represented in the country, including oil and gas production, retail fuels, LNG, pipelines, and renewables. Shell also maintains a broad market presence through Shell-branded fuel stations and energy supply activities across the country.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Mining, Quarrying, and Oil and Gas Extraction | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1064040000004 | Improvements Assessment | $388,859 |
| Land Assessment | $0 | Total Assessment | $388,859 |
Property Taxes
Presented by
Marathon Fuel | Houston, TX | 11290 Fondren Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.