12680 Beechnut St Houston, TX 77072-3951

This exceptional investment opportunity presents a fee-simple ownership of a 5,120 square foot, multi-tenant retail property in Houston, Texas. The property, built in 2005, features a Jack in the Box and Chevron, operating under an absolute NNN lease with a strong corporate guarantee. The lease, with a remaining term of 2.2 years, includes two 10-year renewal options and fixed 10% rent bumps every five years. Located at 12680 Beechnut St, Houston, TX 77072, on a 1.48-acre lot, the property boasts high visibility from a signalized intersection with significant daily traffic counts. The property's NOI is $217,419, resulting in a 6.00% cap rate, and the asking price is $3,623,650 ($707.74 per square foot). This offering provides a compelling combination of consistent cash flow and value-add potential, making it an attractive investment for discerning buyers seeking a stable, long-term return in a prime Houston location. The property benefits from multiple ingress/egress points and direct visibility from highly trafficked thoroughfares. The tenant's successful operation since 2005 demonstrates a strong commitment to the site and its strategic location. This is a rare opportunity to acquire a multi-tenant net-leased asset in a rapidly growing metropolitan area. The property's service-based nature and the strength of the tenant brands offer resilience against economic downturns and the rise of e-commerce.