Auto Service - Gas-Conv
Phillips 66 (B!G MART) - 80+ Unit Operator
6410 Red Bluff Rd, Pasadena, TX 77505
Listing Price: $3,118,000
Investment Overview
A II Petroleum is a profitable, debt-free fuel and convenience operator with over 80 locations across Texas and the surrounding region. The company specializes in dense, commuter-driven, infill locations with modern, purpose-built assets designed to capture long-haul traffic and destination fuel demand.
Pasadena, Texas is located in Harris County within the Greater Houston metropolitan area, serving as the second-largest city in the county with a population of over 150,000 residents. The city is financially supported by a robust industrial economy rooted in blue-collar manufacturing, construction, and petrochemicals, while maintaining a cost of living and housing market significantly lower than the national average.
Investment Highlights
- 18.5 Years Remaining on Triple-Net (NNN) Lease with Annual Rental Increases
- Densely-Populated Pasadena Trade Area with Over 197,800 Residents within a Five-Mile Radius
- Easily Accessible by Approximately 23,450 Vehicles per Day at the Intersection of Center St and Red Bluff Rd
- 0.2 Miles from Fairmont Pkwy, Providing Access to Approximately 33,100 Vehicles per Day
- Households and Population Projected to Increase More Than Three Percent in the Immediate Area by 2030
- Average Household Income Exceeds $110,000 within a Three-Mile Radius
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
Auto Service - Gas-Conv
Phillips 66 (B!G MART) - 80+ Unit Operator
Listing Price: $3,118,000
Investment Highlights
- 18.5 Years Remaining on Triple-Net (NNN) Lease with Annual Rental Increases
- Densely-Populated Pasadena Trade Area with Over 197,800 Residents within a Five-Mile Radius
- Easily Accessible by Approximately 23,450 Vehicles per Day at the Intersection of Center St and Red Bluff Rd
- 0.2 Miles from Fairmont Pkwy, Providing Access to Approximately 33,100 Vehicles per Day
- Households and Population Projected to Increase More Than Three Percent in the Immediate Area by 2030
- Average Household Income Exceeds $110,000 within a Three-Mile Radius
Investment Overview
A II Petroleum is a profitable, debt-free fuel and convenience operator with over 80 locations across Texas and the surrounding region. The company specializes in dense, commuter-driven, infill locations with modern, purpose-built assets designed to capture long-haul traffic and destination fuel demand. Pasadena, Texas is located in Harris County within the Greater Houston metropolitan area, serving as the second-largest city in the county with a population of over 150,000 residents. The city is financially supported by a robust industrial economy rooted in blue-collar manufacturing, construction, and petrochemicals, while maintaining a cost of living and housing market significantly lower than the national average.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By