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Mobil Gas Station with Convenience Store
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15502 FONDREN RD, Missouri City, TX 77489

Absolute NNN lease opportunity combining a convenience store with multiple fueling lanes at a signalized intersection.

Property Size5,637 SF
Price / SF$942.06
Days on Market10

Property Features for 15502 FONDREN RD

General Information

Standard status Active
Size 5,637 SF
Property subtype Retail

Site & Location

Traffic Count 32,800 vehicles/day
Road Access Yes

Amenities

Convenience Store
12 fueling Lanes
Signalized Hard Corner

Building Details

Buildings 1
Listing Agency: Anchor Point Capital
Listed By: Eric Vu · License #01913407
Source: Crexi
Added: Aug 28 Changed: Sep 5 Last Checked: Sep 5 at 3:22PM

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 Mobil-branded gas station includes a 5,637-square-foot convenience store and 12 fueling lanes. Fee-simple ownership includes both the land and building. The property is subject to an absolute NNN lease with an original 20-year primary term and 18 years remaining. Base rent increases 2% annually, with a 12.5% increase during option period 2.

The property occupies a signalized hard corner at 15502 Fondren Rd in Missouri City, Texas, within the Houston MSA. The intersection records 32,800 cars per day. More than 302,000 residents and 102,000 households are located within 5 miles, where average household income exceeds $93,000. The site is less than 30 minutes from Downtown Houston.

Key Highlights

  • 5,637‑square‑foot convenience store with 12 fueling lanes
  • Fee‑simple ownership of the land and building
  • Absolute NNN lease with 18 years remaining on a 20‑year primary term

Property Analytics

Current Use

Mobil Gas Station

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Spa & Massage Center Hair Salon

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

Lease Details

32,800 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 77489, TX

37,257
Population
13,883
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
88%
High-School Grad
11.3 sq mi
ZIP Area
3,297
Density / Sq Mi
$74,097
Median Household Income
$39,189
Median Earnings
$1,797
Median Rent
$209,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Absolute NNN lease opportunity combining a convenience store with multiple fueling lanes at a signalized intersection.
Where is this gas station located?
The property is located at 15502 FONDREN RD Missouri City, TX.
What is the asking price?
The asking price for this property is $5,310,374.
What are key features of this property?
This property features: 5,637‑square‑foot convenience store with 12 fueling lanes; Fee‑simple ownership of the land and building; Absolute NNN lease with 18 years remaining on a 20‑year primary term
More about this property
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