Auto Service - Gas-Conv
7 Eleven | Richmond, TX
6909 Grand Mission Blvd, Richmond, TX 77407
Listing Price: $6,000,000
Investment Overview
Brand-New 2022 Construction Featuring A Corporate-Guaranteed Lease From 7-Eleven, The World’s Largest Convenience Store Chain With Tens Of Thousands Of Locations Worldwide. Long-Term Absolute-Net Structure With No Landlord Obligations; Tenant Responsible For All Operating Expenses Including Roof, Structure, Insurance, And Maintenance. Contractual Rent Escalations Throughout The Primary Term And Options Provide Built-In NOI Growth And Long-Term Inflation Protection. The Property Is Located On Westpark Tollway (50,037 VPD) Serving Dense Master-Planned Residential Communities In Southwest Houston. Richmond Is Part Of The Houston–The Woodlands–Sugar Land MSA—One Of The Largest And Fastest-Growing Metro Areas in U.S. Driving Demand For Daily-Needs Retail Including Fuel And Convenience Services. Recently Developed High-Quality 4,842-Square-Foot Store Built In 2022 On A 1.27-Acre Parcel Designed For High-Traffic Convenience Retail.
Investment Highlights
- Brand-New 2022 Construction Featuring A Corporate-Guaranteed Lease From 7-Eleven, The World's Largest Convenience Store Chain With Tens Of Thousands Of Locations Worldwide
- The Property Is Located On Westpark Tollway (50,037 VPD) Serving Dense Master-Planned Residential Communities In Southwest Houston
- Richmond Is Part Of The Houston–The Woodlands–Sugar Land MSA—One Of The Largest And Fastest-Growing Metro Areas in U.S.Driving Demand For Daily-Needs Retail Including Fuel And Convenience Services
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Listing Price: $6,000,000
Investment Highlights
- Brand-New 2022 Construction Featuring A Corporate-Guaranteed Lease From 7-Eleven, The World's Largest Convenience Store Chain With Tens Of Thousands Of Locations Worldwide
- The Property Is Located On Westpark Tollway (50,037 VPD) Serving Dense Master-Planned Residential Communities In Southwest Houston
- Richmond Is Part Of The Houston–The Woodlands–Sugar Land MSA—One Of The Largest And Fastest-Growing Metro Areas in U.S.Driving Demand For Daily-Needs Retail Including Fuel And Convenience Services
Investment Overview
Brand-New 2022 Construction Featuring A Corporate-Guaranteed Lease From 7-Eleven, The World’s Largest Convenience Store Chain With Tens Of Thousands Of Locations Worldwide. Long-Term Absolute-Net Structure With No Landlord Obligations; Tenant Responsible For All Operating Expenses Including Roof, Structure, Insurance, And Maintenance. Contractual Rent Escalations Throughout The Primary Term And Options Provide Built-In NOI Growth And Long-Term Inflation Protection. The Property Is Located On Westpark Tollway (50,037 VPD) Serving Dense Master-Planned Residential Communities In Southwest Houston. Richmond Is Part Of The Houston–The Woodlands–Sugar Land MSA—One Of The Largest And Fastest-Growing Metro Areas in U.S. Driving Demand For Daily-Needs Retail Including Fuel And Convenience Services. Recently Developed High-Quality 4,842-Square-Foot Store Built In 2022 On A 1.27-Acre Parcel Designed For High-Traffic Convenience Retail.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division