7 Eleven| $6,000,000| 4.90% CAP
» CORPORATE-GUARANTEED 7-ELEVEN GLOBAL CONVENIENCE LEADER: Brand-New 2022 Construction Featuring a Corporate-Guaranteed Lease From 7-Eleven, The World’s Largest Convenience Store Chain with Tens of Thousands of Locations Worldwide.
» BRAND-NEW 2022 CONSTRUCTION 4,842-SF MODERN PROTOTYPE: Recently Developed High-Quality 4,842-Square-Foot Store Built In 2022 On A 1.27-Acre Parcel Designed for High-Traffic Convenience Retail.
» HIGH-GROWTH FORT BEND COUNTY EXPANDING RESIDENTIAL AREA: Richmond Is Part of the Houston–The Woodlands–Sugar Land MSA—One of the Largest and Fastest-Growing Metro Areas in U.S. Driving Demand for Daily-Needs Retail Including Fuel and Convenience Services.
» ABSOLUTE NET (NNN) LEASE ZERO LANDLORD RESPONSIBILITIES: Long-Term Absolute-Net Structure with No Landlord Obligations; Tenant Responsible for All Operating Expenses Including Roof, Structure, Insurance, And Maintenance.
» 7.5% RENT INCREASES EVERY 5 YEARS: Contractual Rent Escalations Throughout The Primary Term And Options Provide Built-In NOI Growth And Long-Term Inflation Protection.
» POSITIONED ALONG MAJOR GROWTH CORRIDOR GRAND MISSION BOULEVARD: The Property Is Located on Westpark Tollway (50,037 VPD) Serving Dense Master-Planned Residential Communities in Southwest Houston.
