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12311 Bammel North Houston Rd 12,025 SF Retail Building Houston, TX 77066 $14,153,250 CAD ($1,176.99 CAD/SF) 8% Cap Rate
Investment Highlights
- Attractive 2% Annual Rental Increases
- Attractive Depreciation Benefits
- Strong Tenant and Corporate Guarantee
Executive Summary
Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 12311 Bammel North Houston Road, Houston, TX 77066. The site consists of roughly 12,025 rentable square feet of building space on an estimated 1.67-acre parcel of land. Pinnacle Oil & Gas is subject to a 20.01-year Triple Net (NNN) lease, which commenced 7/29/2025. The current annual rent is $779,513 and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,025 SF
Building Class
B
Year Built
2019
Price
$14,153,250 CAD
Price Per SF
$1,176.99 CAD
Cap Rate
8%
NOI
$1,132,260 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.67 AC
Zoning
None
Frontage
Moderately walkable
60/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0471910000047 | Improvements Assessment | $2,932,902 CAD |
| Land Assessment | $802,903 CAD | Total Assessment | $3,735,806 CAD |
Property Taxes
Parcel Number
0471910000047
Land Assessment
$802,903 CAD
Improvements Assessment
$2,932,902 CAD
Total Assessment
$3,735,806 CAD
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12311 Bammel North Houston Rd
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