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7-Eleven 2919 Main St 6,793 SF Retail Building Stafford, TX 77477 $5,397,000 ($794.49/SF) 5.35% Cap Rate
Investment Highlights
- 2023 Construction. 6,793+/- SF Building on 1.44+/- Acre Site
- Texas’ Fortune 500 Hub: Houston Leads Texas with 24 of 53 Fortune 500 HQs and Secured 255 New Projects in 2022 (3rd in U.S.)
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
- High Traffic & Affluent Area: U.S. Highway 90 & Avenue E (62,000+ VPD), 5-Mile Radius with 353k+ Residents and $102K+ Avg. Income
- Prime Location: Less than a Mile from Houston Community College, Near Top Tenants Like Chipotle, Starbucks, McDonald’s, and More
- Houston | Most Populous City in Texas | MSA Population: 7.14M
Executive Summary
Rare 15-Year NNN Lease with 7.5% Rent Increases Every 5 Years
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,793 SF
Building Class
C
Year Built
1945
Price
$5,397,000
Price Per SF
$794.49
Cap Rate
5.35%
NOI
$288,730
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.44 AC
Zoning
S
Nearby Major Retailers
Property Taxes
| Parcel Number | 0200-00-000-0900-910 | Improvements Assessment | $2,103,687 |
| Land Assessment | $687,196 | Total Assessment | $2,790,883 |
Property Taxes
Parcel Number
0200-00-000-0900-910
Land Assessment
$687,196
Improvements Assessment
$2,103,687
Total Assessment
$2,790,883
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7-Eleven | 2919 Main St
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