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7-Eleven / TimeMaxx 10670 Little York rd 4,650 SF Retail Building Houston, TX 77041 $6,442,171 CAD ($1,385.41 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 2022 Construction, Former Large Format 7-Eleven – 4,650+/- SF Building on 0.95+/- Acre Site
- Subject Property is Located in a Dense Industrial Corridor and Surrounded by Several Large Industrial Tenants
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores; Time Maxx 28+ Locations in Greater Houston Area
- Signalized, Hard Corner Location at the Intersection of W Sam Houston Pkwy N (18,400 VPD) and W Little York Rd (26,300 VPD)
- High Growth Trade Area in Houston, Surrounded by Over 257,000 Residents Living Within a 5 Mile Radius
- Houston | 5th Largest Metro in the U.S. | Population: 2.33M+
EXECUTIVE SUMMARY
12 Yrs. Remaining on 7-Eleven Corporate Lease. Rare NNN Lease w/ 10% Rent Bumps Every 5 Yrs., Starting Yr. 6 in Primary Term & Yr. 16 in Options
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,650 SF
Building Class
C
Year Built
2022
Price
$6,442,171 CAD
Price Per SF
$1,385.41 CAD
Cap Rate
6%
NOI
$386,530 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.95 AC
Zoning
F1 - Commercial
PROPERTY TAXES
| Parcel Number | 1248460010001 | Improvements Assessment | $1,688,766 CAD |
| Land Assessment | $1,438,583 CAD | Total Assessment | $3,127,349 CAD |
PROPERTY TAXES
Parcel Number
1248460010001
Land Assessment
$1,438,583 CAD
Improvements Assessment
$1,688,766 CAD
Total Assessment
$3,127,349 CAD
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7-Eleven / TimeMaxx | 10670 Little York rd
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