Skip to main content

Auto Service - Gas-Conv

Phillips 66 (B!G MART) - 80+ Unit Operator

6410 Red Bluff Rd, Pasadena, TX 77505

Listing Price: $3,118,000

Cap Rate
7.75%
Tenant Name
A II Petroleum dba Big Mart
Years Remaining On Lease
18.5
Gross SF
2,694
Guarantor
Corporate Guarantee
Rentable SF
2,694
Price/Gross SF
$1,157.39
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$89.69

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

  • Chris Lind

    Senior Managing Director Investments

    (602) 687-6780

    Email Chris

    License(s): AZ: SA627823000, NC: LC1060

    Phoenix

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Columbus

  • Zack House

    Senior Managing Director Investments

    (602) 687-6650

    Email Zack

    License(s): AZ: SA665750000, NC: LC1059

    Phoenix

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Service - Gas-Conv

Phillips 66 (B!G MART) - 80+ Unit Operator

Listing Price: $3,118,000

Cap Rate
7.75%
Tenant Name
A II Petroleum dba Big Mart
Years Remaining On Lease
18.5
Gross SF
2,694
Guarantor
Corporate Guarantee
Rentable SF
2,694
Price/Gross SF
$1,157.39
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$89.69

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

  • Chris Lind

    Senior Managing Director Investments

    (602) 687-6780

    Email Chris

    License(s): AZ: SA627823000, NC: LC1060

    Phoenix

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Columbus

  • Zack House

    Senior Managing Director Investments

    (602) 687-6650

    Email Zack

    License(s): AZ: SA665750000, NC: LC1059

    Phoenix

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

MM Texture Background
MM Textured Background Lower