Log In/Sign Up
Your email has been sent.
Panther Petroleum Long Term Absolute NNN Leas 8817 Jensen Dr 5,500 SF 100% Leased Retail Building Houston, TX 77093 $4,685,315 ($851.88/SF) 7.15% Cap Rate
Investment Highlights
- Long Term Absolute NNN Lease
- Annual 2% Rent Increases
- Income Tax Free State
- Zero Landlord Obligation
- Backed by Strong Houston-based Operator
- Additional Locations Available
Executive Summary
This is the opportunity to acquire a ±4,804 SF single-tenant fuel-and-convenience retail property occupied by Panther Petroleum at 8817 Jensen Drive in Houston, Texas, secured by a brand-new 20-year Absolute NNN lease. The lease carries $335,000 in annual rent with attractive 2% annual
increases through its September 30, 2045 expiration, providing a built-in inflation hedge. The site boasts a prime location along the high-traffic Jensen Drive corridor in northeast Houston, serving strong commuter and truck traffic.
This offering features an Absolute NNN lease structure with zero landlord responsibilities, backed by Panther Petroleum — a rapidly growing Houston-based operator expanding through acquisitions toward a portfolio of 50+ locations. Combined with its location in income-tax-free, pro-business Texas, this asset provides investors with a stable, passive income stream in a pro-business environment.
increases through its September 30, 2045 expiration, providing a built-in inflation hedge. The site boasts a prime location along the high-traffic Jensen Drive corridor in northeast Houston, serving strong commuter and truck traffic.
This offering features an Absolute NNN lease structure with zero landlord responsibilities, backed by Panther Petroleum — a rapidly growing Houston-based operator expanding through acquisitions toward a portfolio of 50+ locations. Combined with its location in income-tax-free, pro-business Texas, this asset provides investors with a stable, passive income stream in a pro-business environment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
5,500 SF
Building Class
C
Year Built
2000
Price
$4,685,315
Price Per SF
$851.88
Cap Rate
7.15%
NOI
$335,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.49 AC
Zoning
N/Ap, Houston
Parking
15 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
201’ on Jensen Dr
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0422270000010 | Improvements Assessment | $699,678 |
| Land Assessment | $255,780 | Total Assessment | $955,458 |
Property Taxes
Parcel Number
0422270000010
Land Assessment
$255,780
Improvements Assessment
$699,678
Total Assessment
$955,458
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
