10670 Little York Rd Houston, TX 77041

This exceptional investment opportunity presents a 4,650 square foot 7-Eleven convenience store and gas station located at 10670 W Little York Rd, Houston, TX 77041. The property sits on a 0.95-acre lot and boasts a prominent, signalized hard corner location at the intersection of W Sam Houston Pkwy N (18,400 vehicles per day) and W Little York Rd (26,300 vehicles per day). Built in 2022, this property is under a 15-year absolute NNN lease with a corporate guarantee from 7-Eleven, the world's largest chain store operator (S&P rated A). The lease commenced March 1, 2022, and expires February 28, 2037, with four 5-year renewal options. The lease includes attractive 10% rent bumps every five years, beginning in year six of the primary term and year sixteen of the options. The current annual net operating income (NOI) is $276,878, resulting in a 5.00% capitalization rate. The asking price is $5,538,000, translating to $1,190.97 per square foot. This property benefits from its location within a dense industrial corridor, surrounded by numerous large industrial tenants and a high-growth trade area with over 257,000 residents within a five-mile radius. Houston, the fifth largest metro area in the U.S., boasts a population exceeding 2.33 million, providing a strong and stable market for this investment. This is a rare opportunity to acquire a high-performing, long-term net lease investment with a blue-chip tenant in a prime Houston location. 100% occupancy ensures immediate cash flow.