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Investment Highlights

  • Brand New Construction / Grand Opening occurred February 2026
  • Location drawing from multiple cities / nearly 180,200 residents within 10-mile radius
  • Absolute NNN Lease: ultimate ease of management for investor
  • Synergy with two adjacent grocery-anchored shopping centers (HEB & Kroger) which combine for approx. 6.7 million visits (per Placer.ai)
  • Texas: no state income taxes
  • 15-year lease term with 10% rental increases every 5 years

Property Facts

Price $2,703,043 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Fast Food
  • Restaurant
Total Lot Size 0.71 AC
Zoning F1 - Commercial

1 Lot Available

Lot

Price $2,703,043 CAD
Price Per AC $3,807,103.08 CAD
Lot Size 0.71 AC

Description

Faris Lee Investments is pleased to present the rare opportunity to acquire the fee simple interest in a brand new, dual drive-thru 7 Brew Coffee property located in the Houston TX MSA. The subject property, which celebrated its Grand Opening in February 2026, is strategically located in the primary commercial corridor of Texas City with adjacent grocery-center and QSR synergies. The offering is secured by a brand-new 15-year Absolute NNN lease featuring 10% rental increases every five years, which will commence at the close of escrow. Fee simple ownership of both land and building allows the investor to capture potential depreciation and cost segregation benefits, and the asset’s zero landlord responsibilities make it an ideal opportunity for a passive or 1031 exchange investor. The subject property is strategically positioned on the primary commercial artery (Palmer Highway) in Texas City and directly adjacent to two (2) grocery-anchored shopping centers. The two grocery-anchored centers combine for over 6.7 million visitors in the last 12 months (per Placer.ai). The surrounding corridor includes Chick-fil-A, McDonald’s, Taco Bell, Starbucks, and more. Retailers and QSR tenants draw customers from multiple cities nearby, thus the trade area boasts nearly 180,200 residents within a 10-mile radius. Located within the Houston TX MSA, the #2 fastest-growing major metro in the country, and backed by Texas’ pro-business environment with no state income taxes, this offering represents a premier opportunity to acquire a brand-new, fee simple, Absolute NNN 7 Brew Coffee investment property in one of Texas’ most strategically positioned markets.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
  • Listing ID: 39824361

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 3231 Palmer Hwy, Texas City, TX 77590

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