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Pinnacle Oil & Gas C-Store
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6099 Gulfway Dr, Groves, TX 77619

Triple Net Lease convenience store in Groves, TX for sale.

Property Size3,956 SF
Lot Size0.50 Acres
Price / SF$1,112
Days on Market197

Property Features for 6099 Gulfway Dr

General Information

Standard status Active
Size 3,956 SF
Lot size 0.50 Acres
Property subtype Retail
Zoning C-2
Listing Agency: Sands Investment Group
Listed By: Rahill Lakhani · License #GA 340279
Source: Crexi
Added: Feb 6 Changed: Aug 8 Last Checked: Aug 8 at 6:40AM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

This is a Pinnacle Oil & Gas convenience store located at 6099 Gulfway Drive in Groves, TX 77619. The property features an approximately 4,000 SF convenience store situated on over a 0.50-acre parcel of land. The property is subject to a 15-year Triple Net Lease (NNN) lease, which commenced on December 23, 2023. The current annual rent is $330,000, with a scheduled increase of 10% in just under three years.

Key Highlights

  • 15‑Year Triple Net (NNN) Lease commenced 12/23/2023
  • Current annual rent is $330,000
  • Scheduled rent increase of 10% in just under three years

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Pharmacy Building Supply

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

187
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
4,173 visits/mo 0.1 miles
Chevron Shops & Services
4,134 visits/mo 0.1 miles
Mobil Shops & Services
2,539 visits/mo 0.4 miles

Demographics for 77619, TX

17,349
Population
6,885
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
3,213
Density / Sq Mi
$70,485
Median Household Income
$43,314
Median Earnings
$1,247
Median Rent
$153,800
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 - Triple Net Lease convenience store in Groves, TX for sale.
Where is this grocery and convenience store located?
The property is located at 6099 Gulfway Dr Groves, TX.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 15‑Year Triple Net (NNN) Lease commenced 12/23/2023; Current annual rent is $330,000; Scheduled rent increase of 10% in just under three years
More about this property
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