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11290 Fondren Rd
Houston, TX 77096
Marathon Fuel | Houston, TX · Retail Property For Sale
Investment Highlights
- Single-Tenant Absolute NNN Ground Lease With Marathon Fuel Franchisee
- 6.5 Years Remaining on Absolute NNN Lease; Zero Landlord Responsibilities
- Tenant Spent Significant Capital Converting From a Shell to Marathon Fuel in 2025
- Marathon Fuel Gas Stations (NYSE: MPC; S&P BBB) Operates 7,200 Independently Owned Retail Outlets and 1,100 Direct Dealers
- Rare Annual Increases Starting in January 2026
- Marathon Is #29 on the 2024 Fortune 500 List
Executive Summary
6.5 Years Remaining | Hard-Corner Pad to Fiesta Mart Grocer | Rare Annual Increases
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,016 SF
Building Class
B
Year Built
1982
Price
$3,832,444 CAD
Price Per SF
$1,901.01 CAD
Cap Rate
6.25%
NOI
$239,528 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.65 AC
Parking
15 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 1064040000004 | Improvements Assessment | $532,243 CAD |
| Land Assessment | $0 CAD | Total Assessment | $532,243 CAD |
Property Taxes
Parcel Number
1064040000004
Land Assessment
$0 CAD
Improvements Assessment
$532,243 CAD
Total Assessment
$532,243 CAD
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