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Absolute NNN Gas Station
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3510 Burke Rd, Pasadena, TX 77504

Fee-simple ownership includes a convenience store and eight fueling lanes under a new long-term lease.

Property Size2,600 SF
Price / SF$2,250
Days on Market125

Property Features for 3510 Burke Rd

General Information

Standard status Active
Size 2,600 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $395,000

Site & Location

Traffic Count 26,900 vehicles/day
Road Access Yes

Building Details

Year Built 1982
Buildings 1
Tenancy Single
Listing Agency: Anchor Point Capital
Listed By: Eric Vu · License #01913407
Source: Crexi
Added: Apr 30 Changed: Aug 30 Last Checked: Aug 30 at 11:35PM

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 includes a 2,600-square-foot convenience store and eight fueling lanes. Built in 1982, the property is subject to a new 20-year absolute NNN lease with 2% annual rent increases during the primary term and option periods. The lease provides 40 years of potential remaining term and includes a strong lease guaranty.

The property occupies the signalized hard corner of Burke Road and Vista Road in Pasadena, within the Houston MSA. The site records 26,900 cars per day and is positioned near Walgreens, Kroger, Bealls, Petco, HCA Houston Healthcare, and St. Luke’s Health Medical Center. The surrounding area includes daily-needs retail and services, while the Houston MSA and Southeast Industrial / Petrochemical Corridor contribute traffic from refinery, port, and service-sector employment.

Key Highlights

  • 2,600‑square‑foot convenience store with 8 fueling lanes
  • New 20‑year absolute NNN lease
  • 40 years of potential remaining lease term

Property Analytics

Current Use

Valero Gas Station Circle K Grocery & Convenience Store ATM (ATM Link, ... Atm Valero Corner Store Gas Station

Suggested Use

Top Pick Computer & Electronic Repair Tech Support Center (Bike/Boat/Book/etc) Store Travel Agency Butcher Locksmith

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

26,900 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,655
Businesses Nearby
164k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 31% Shops & Services 30% Dining 28% Apparel 11%
Kroger Groceries
51,224 visits/mo 0.5 miles
Chick-fil-A Dining
45,435 visits/mo 0.5 miles
7-Eleven Shops & Services
15,423 visits/mo 0.4 miles
Petco Shops & Services
12,436 visits/mo 0.5 miles
Bealls Apparel
10,153 visits/mo 0.5 miles

Demographics for 77504, TX

25,728
Population
10,080
Households
2.6
Avg Household Size
33
Median Age
17%
College-Educated
79%
High-School Grad
5.6 sq mi
ZIP Area
4,594
Density / Sq Mi
$52,784
Median Household Income
$35,789
Median Earnings
$1,196
Median Rent
$207,600
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 - Fee-simple ownership includes a convenience store and eight fueling lanes under a new long-term lease.
Where is this gas station located?
The property is located at 3510 Burke Rd Pasadena, TX.
What is the asking price?
The asking price for this property is $5,851,852.
What are key features of this property?
This property features: 2,600‑square‑foot convenience store with 8 fueling lanes; New 20‑year absolute NNN lease; 40 years of potential remaining lease term
More about this property
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