Three-Location Convenience Business
For Sale
Contact for pricing
125 Remington Valley Drive, Houston, TX 77073
Includes three operating convenience businesses with leasehold interests under one NNN master lease.
Property SizeContact for details
Days on Market63
Property Features for 125 Remington Valley Drive
General Information
Standard status
Active
Class
A
Property subtype
Retail, Business for Sale
Lease Type
NNN
Investment Type
Owner/User
Net Operating Income
$2,310,000
Additional Details
Business Included
Yes
Building Details
Year Built
2016
Buildings
3
Units
3
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Fort Worth
(817) 932-6156
Listed By:
Jacob Luna · License #TX 726974
Source:
Crexi
Added: Jun 30
Changed: Aug 30
Last Checked: Aug 30 at 11:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Worth
Investment Insights
Based on property information with market context.
The offering consists of three operating convenience businesses together with the related leasehold interests. The transaction excludes the underlying real estate, which is owned by Realty Income (NYSE: O), making the operating businesses and leasehold positions the assets being conveyed.
All three locations are governed by one NNN master lease scheduled to continue through 2037. The lease provides three additional five-year options. The portfolio is associated with 125 Remington Valley Drive in Houston, Texas 77073, and the property information identifies 2016 as the year built.
All three locations are governed by one NNN master lease scheduled to continue through 2037. The lease provides three additional five-year options. The portfolio is associated with 125 Remington Valley Drive in Houston, Texas 77073, and the property information identifies 2016 as the year built.
Key Highlights
- Three operating convenience businesses included
- Leasehold interests accompany the businesses
- Single NNN master lease runs through 2037
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valero Energy
Shops & Services
2,032 visits/mo
0.4 miles
Demographics for 77073, TX
46,071
Population
14,989
Households
3.1
Avg Household Size
30
Median Age
14%
College-Educated
79%
High-School Grad
14.6 sq mi
ZIP Area
3,156
Density / Sq Mi
$72,271
Median Household Income
$37,132
Median Earnings
$1,330
Median Rent
$206,700
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
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Similar Off Market Nearby
- La Michoacana Meat Market — 20431 Imperial Valley Dr, Houston, TX 77073
- Funtasia — 15825 Land View Dr, Houston, TX 77073
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Includes three operating convenience businesses with leasehold interests under one NNN master lease.
Where is this grocery and convenience store located?
The property is located at 125 Remington Valley Drive Houston, TX.
What is the asking price?
The asking price for this property is $13,300,000.
What are key features of this property?
This property features: Three operating convenience businesses included; Leasehold interests accompany the businesses; Single NNN master lease runs through 2037
