League City Convenience Store
For Sale
Contact for pricing
Pending
1726 East Main Street, League City, TX 77573
Single tenant convenience store with a new 20-year absolute NNN lease.
Property Size1,989 SF
Days on Market105
Property Features for 1726 East Main Street
General Information
Standard status
Pending
Size
1,989 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
1983
Listing Agency:
Anchor Point Capital
Listed By:
Eric Vu · License #01913407
Source:
Crexi
Added: May 18
Changed: Aug 23
Last Checked: Aug 29 at 6:19AM
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 1,989 square-foot convenience store, equipped with 8 fueling lanes, presents an investment opportunity with a new 20-year absolute NNN lease and a potential remaining lease term of 40 years. The lease includes a strong guaranty. The property qualifies for bonus depreciation. The lease features 2% annual rent increases throughout the primary term and option periods. Situated in the Houston MSA, the location benefits from excellent visibility and access on Main Street. The surrounding area is a dense infill location with over 200,000 residents within a 5-mile radius. The submarket is affluent, with an average household income exceeding $119,000 within 1 mile. Traffic counts along Main Street reach 31,300 cars per day. The property is located within League City’s primary retail corridor, near national retailers such as Kroger, Panda Express, Bank of America, Chase, Taco Bell, Advance Auto Parts, Mattress Firm, and Whataburger. Total vehicle and maintenance spending is the 2nd highest consumer expenditure within 1 mile. League City is one of Houston’s fastest-growing suburbs.
Key Highlights
- New 20 Year Absolute NNN Lease with 2% Annual Rent Increases
- Strong Lease Guaranty
- Excellent Visibility and Access on Main Street with 31,300 Cars Per Day
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77573, TX
95,256
Population
37,188
Households
2.6
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
29.8 sq mi
ZIP Area
3,197
Density / Sq Mi
$122,783
Median Household Income
$67,441
Median Earnings
$1,647
Median Rent
$342,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single tenant convenience store with a new 20-year absolute NNN lease.
Where is this grocery and convenience store located?
The property is located at 1726 East Main Street League City, TX.
What is the asking price?
The asking price for this property is $5,457,000.
What are key features of this property?
This property features: New 20 Year Absolute NNN Lease with 2% Annual Rent Increases; Strong Lease Guaranty; Excellent Visibility and Access on Main Street with 31,300 Cars Per Day
