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Houston Investment Opportunity: NNN Lease
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13835 Walters Rd, Houston, TX 77014

Single tenant investment with a new 20-year absolute NNN lease.

Property Size2,191 SF
Lot Size1.25 Acres
Price / SF$3,098
Days on Market197

Property Features for 13835 Walters Rd

General Information

Standard status Active
Size 2,191 SF
Lot size 1.25 Acres
Property subtype Retail
Zoning NZ

Building Details

Year Built 2015
Listing Agency: Anchor Point Capital
Listed By: Eric Vu · License #01913407
Source: Crexi
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 8 at 2:44PM

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 Anchor Point Capital

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Exxon Gas Station Ferrets Fresh Express Gas Station CoinFlip Bitcoin ATM Bank

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 77014, TX

35,161
Population
13,166
Households
2.7
Avg Household Size
32
Median Age
22%
College-Educated
81%
High-School Grad
7.2 sq mi
ZIP Area
4,883
Density / Sq Mi
$54,456
Median Household Income
$34,192
Median Earnings
$1,220
Median Rent
$213,300
Median Home Value

Market

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
Rey
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Frequently Asked Questions

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 is the asking price?
The asking price for this property is $6,789,759.
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.
More about this property
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