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Dark 7-Eleven 1651 W Parkwood Ave 7,500 SF Retail Building Friendswood, TX 77546 $8,156,467 CAD ($1,087.53 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 2011 Construction/2019 Renovation. 7,500+/- SF Building On 1.63+/- Acre Site
- Affluent Submarket of Houston – Within 5-Mile Radius, Population Exceeds ±113,000 w/ Avg. HH Incomes of $143,730
- 7-Eleven Is The World’s Largest Convenience Retailer With 85,000+ Stores Globally
- Hard Corner Location at Signalized Intersection of W Parkwood Ave (FM 528) and San Joaquin Parkway (±33,500 VPD)
- Neighboring H-E-B, Chick-fil-A, Starbucks, Whataburger, Walgreens, Discount Tire, & More
- Friendswood | Located in the Houston MSA | Population: 40,827+
EXECUTIVE SUMMARY
9+ Years Remaining on 15-Year Absolute NNN Lease with 7-Eleven, Inc
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
B
Year Built/Renovated
2011/2019
Price
$8,156,467 CAD
Price Per SF
$1,087.53 CAD
Cap Rate
7%
NOI
$570,871 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.63 AC
Zoning
CSC - Commercial Shopping Center
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3536-0001-0004-000 | Improvements Assessment | $1,182,082 CAD |
| Land Assessment | $1,718,062 CAD | Total Assessment | $2,900,144 CAD |
PROPERTY TAXES
Parcel Number
3536-0001-0004-000
Land Assessment
$1,718,062 CAD
Improvements Assessment
$1,182,082 CAD
Total Assessment
$2,900,144 CAD
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Dark 7-Eleven | 1651 W Parkwood Ave
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