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Gas Station With Convenience Store
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18220 North Eldridge Parkway, Tomball, TX 77377

Fee-simple ownership includes a convenience store, fueling lanes, and an absolute NNN lease structure.

Property Size10,508 SF
Price / SF$651.60
Days on Market5

Property Features for 18220 North Eldridge Parkway

General Information

Standard status Active
Size 10,508 SF
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 25,400 vehicles/day

Building Details

Buildings 1
Tenancy Single
Abandoned No
Listing Agency: Anchor Point Capital
Listed By: Eric Vu · License #01913407
Source: Crexi
Added: Sep 9 Changed: Sep 12 Last Checked: Sep 12 at 2:51PM

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 fee-simple gas station property includes the land and building, a 10,508-square-foot convenience store, and 10 fueling lanes. The property is leased under a 20-year absolute NNN structure with 2% annual rent increases and a strong lease guaranty. The lease offers 40 years of potential remaining term.

Located at 18220 North Eldridge Parkway in Tomball, Texas, the property sits along a corridor reporting 25,400 cars per day. More than 217,000 residents and over 75,000 households are located within 5 miles, while average household income exceeds $141,000 within 1 mile. Population within 5 miles has increased 6.31% since 2020 and is projected to grow 4.18% through 2030. The site is less than 30 miles from Downtown Houston and is positioned within the Houston MSA.

Key Highlights

  • 10,508 Sft convenience store with 10 fueling lanes
  • 20 Year absolute NNN lease with 40 years of potential remaining term
  • 2% annual rent increases and strong lease guaranty

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Law Firm Accounting Firm Electrical Service Garden Center Grocery & Convenience Store Plumbing 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.

Lease Details

25,400 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 66% Shops & Services 34%
Restaurant Depot Groceries
11,368 visits/mo 0.4 miles
Tomball Dodge Chrysler Jeep RAM Wagoneer Shops & Services
5,771 visits/mo 0.5 miles

Demographics for 77377, TX

39,711
Population
13,625
Households
2.9
Avg Household Size
37
Median Age
46%
College-Educated
93%
High-School Grad
35.2 sq mi
ZIP Area
1,128
Density / Sq Mi
$123,015
Median Household Income
$66,548
Median Earnings
$1,676
Median Rent
$352,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fee-simple ownership includes a convenience store, fueling lanes, and an absolute NNN lease structure.
Where is this gas station located?
The property is located at 18220 North Eldridge Parkway Tomball, TX.
What is the asking price?
The asking price for this property is $6,847,000.
What are key features of this property?
This property features: 10,508 Sft convenience store with 10 fueling lanes; 20 Year absolute NNN lease with 40 years of potential remaining term; 2% annual rent increases and strong lease guaranty
More about this property
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