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Pinnacle Oil & Gas 1925 FM 1092 rd 2,631 SF 100% Leased Retail Building Stafford, TX 77477 $4,666,667 ($1,773.72/SF) 7.50% Cap Rate
Investment Highlights
- Recently Signed a 15-Year Lease
- Bonus Depreciable Asset
- Robust Traffic Counts
- Absolute Triple Net Lease with No Landlord Responsibilities
Executive Summary
Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 1925 FM 1092 Road, Stafford, TX 77477. The site consists of roughly 2,631 rentable square feet of building space on an estimated .7-acre parcel of land. Pinnacle Oil & Gas is subject to a 15.1-year Triple Net (NNN) lease, which commenced 12.30.2024. The current annual rent is $350,000 and has scheduled increases of 12.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,631 SF
Year Built
1997
Price
$4,666,667
Price Per SF
$1,773.72
Cap Rate
7.50%
NOI
$350,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.70 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 0064-00-000-3004-907 | Improvements Assessment | $627,290 |
| Land Assessment | $764,903 | Total Assessment | $1,392,193 |
Property Taxes
Parcel Number
0064-00-000-3004-907
Land Assessment
$764,903
Improvements Assessment
$627,290
Total Assessment
$1,392,193
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Pinnacle Oil & Gas | 1925 FM 1092 rd
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