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Gas Station with Absolute NNN Lease
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9440 Shady Drive, Houston, TX 77016

An absolute NNN lease assigns property responsibilities to the tenant.

Property SizeContact for details
Days on Market7

Property Features for 9440 Shady Drive

General Information

Standard status Active
Property subtype Retail
Listing Agency: Trinity Real Estate Investment Services
Listed By: Chance Hales · License #597585
Source: Crexi
Added: Sep 21 Changed: Sep 24 Last Checked: Sep 26 at 7:43AM

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 Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

Panthers Petroleum is located at 9440 Shady Drive in Houston, Texas. The property is subject to an absolute NNN lease with more than 18 years remaining in its primary term. The lease places no property responsibilities on the landlord and provides for 2% annual rent increases during the term and option periods.

Key Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • 18+ years remaining on the primary lease term
  • 2% annual rent increases during the term and options

Property Analytics

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Current Use

Exxon Gas Station Wing Boss Restaurant Big Deal Burger Restaurant Blazin Smoke N ... (Bike/Boat/Book/etc) Store Shop N Fuel Gas Station

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Kitchen & Bath Showroom Gym & Fitness Center Parking Lot & Garage

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

452
Businesses Nearby

Demographics for 77016, TX

29,966
Population
11,131
Households
2.7
Avg Household Size
37
Median Age
11%
College-Educated
75%
High-School Grad
9.9 sq mi
ZIP Area
3,027
Density / Sq Mi
$46,411
Median Household Income
$30,510
Median Earnings
$1,163
Median Rent
$111,900
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 Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - An absolute NNN lease assigns property responsibilities to the tenant.
Where is this gas station located?
The property is located at 9440 Shady Drive Houston, TX.
What is the asking price?
The asking price for this property is $5,292,270.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; 18+ years remaining on the primary lease term; 2% annual rent increases during the term and options
(806) 679-9776 Call to check price and availability
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