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New Convenience Store Investment Opportunity
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1726 Oleander St, Rosharon, TX 77583

New construction convenience store with long-term lease in Houston MSA.

Property Size5,131 SF
Lot Size1.60 Acres
Price / SF$1,261
Days on Market197

Property Features for 1726 Oleander St

General Information

Standard status Active
Size 5,131 SF
Lot size 1.60 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $485,316

Building Details

Year Built 2025
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Anchor Point Capital
Listed By: Eric Vu · License #01913407
Source: Crexi
Added: Jan 27 Changed: Aug 8 Last Checked: Jul 30 at 3:23PM

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 is an excellent single tenant investment opportunity featuring a brand new, high-quality convenience store constructed in 2025. The property includes a 5,131 square-foot convenience store situated on an oversized 1.60 acre lot. It features 14 fuel pumps. The location is outstanding within the Houston MSA, specifically in an affluent pocket where the average household income exceeds $180,000 within a 1-mile radius. It is positioned directly in front of the Southern Trails Neighborhood, a recently developed master-planned high-end community with average home prices of $500,000+. The area has a stable and growing population, with a projected population growth of 13.8% from 2024-2029 within 5 miles, and a dense infill of 178,000 residents within 5 miles. Transportation fuel and maintenance represent approximately 26% of all spending within a 1-mile radius, marking the highest consumer expenditure. The property is located 17 miles from Downtown Houston, in the income tax free State of Texas. The new 20-year absolute NNN lease has 40 years of potential remaining lease term. The lease includes 2% annual rent increases in the primary term and option periods. The fee simple ownership includes land and building. The property qualifies for bonus depreciation. The business has a proven long-term operational success with a consistent performance history.

Key Highlights

  • New 2025 Construction with a Brand New 20 Year Absolute NNN Lease
  • Outstanding Location in an Affluent Pocket of Houston MSA with High Average Household Income
  • Strong Lease Guaranty and 2% Annual Rent Increases

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Parking Lot & Garage Electrical Service

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

75
Businesses Nearby
6k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chevron Shops & Services
6,155 visits/mo 0.2 miles

Demographics for 77583, TX

43,113
Population
14,783
Households
2.9
Avg Household Size
36
Median Age
32%
College-Educated
85%
High-School Grad
174.3 sq mi
ZIP Area
247
Density / Sq Mi
$107,510
Median Household Income
$66,650
Median Earnings
$1,501
Median Rent
$298,000
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?
Grocery and convenience store - New construction convenience store with long-term lease in Houston MSA.
Where is this grocery and convenience store located?
The property is located at 1726 Oleander St Rosharon, TX.
What is the asking price?
The asking price for this property is $6,470,880.
What are key features of this property?
This property features: New 2025 Construction with a Brand New 20 Year Absolute NNN Lease; Outstanding Location in an Affluent Pocket of Houston MSA with High Average Household Income; Strong Lease Guaranty and 2% Annual Rent Increases
More about this property
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