13835 Walters Rd Houston, TX 77014
Single tenant investment with a new 20-year absolute NNN lease.
Property size:
2,191 SFLot size:
1.25 AcresProperty Features for 13835 Walters Rd
General Information
- Standard status
- Active
- Size
- 2,191 SF
- Lot size
- 1.25 Acres
Building Details
- Year built
- 2015
Source:
Crexi
Listing Agency: Anchor Point Capital Listing Agent: Eric Vu
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Houston Investment Opportunity: NNN Lease
This single-tenant investment opportunity features a new 20-year absolute NNN lease. The property includes a 2,191 square-foot convenience store situated on an oversized 1.25 acre lot. It features 10 fuel pumps. The location has a proven long-term operational success with a consistent performance history. The lease has a strong guaranty. The property qualifies for bonus depreciation. The lease includes 2% annual rent increases in the primary term and option periods. Located in a dense infill area of Houston, Texas, the property benefits from a stable and growing population with over 318,189 residents within 5 miles and over 107,000 households within 5 miles. The location has over 16,150 cars per day along Walters Road, a major neighborhood connector through North Houston and Harris County. It is less than 30 minutes to Downtown Houston, providing strategic urban access. Transportation fuel and maintenance is the highest consumer expenditure within 1 mile, accounting for approximately 30% of all spending. The property is located in the income tax free state of Texas.
Location Intelligence
Current Use by Public Records
Exxon
Gas Station
Ferrets Fresh Express
Gas Station
CoinFlip Bitcoin ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.477784
- Latitude
- 29.982319
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FAQs
What type of property is this?
Gas station - Single tenant investment with a new 20-year absolute NNN lease.
Where is this gas station located?
The property is located at 13835 Walters Rd Houston, TX.
What are key features of this property?
This property features: - New 20 Year Absolute NNN Lease with 2% Annual Rent Increases.; - Strong Lease Guaranty and Proven Long-Term Operational Success.; - Outstanding Location in Dense Infill Houston, TX with High Traffic Count.
