2919 N Main St Stafford, TX 77477
Property profile & analytics
2919 N Main St Stafford, TX 77477
- Commercial real estate
- 4,817 SF
- 1.44 lot acres
Property ID
US82-4518812
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- 7-Eleven / Grocery & Convenience Store
Property Details for 2919 N Main St
- Year built
- 2022
- Lot size
- 1.44 lot acres
- Property size
- 4,817 SF
- Property type
- Commercial real estate
- APN
- 0200-00-000-0900-910
- APU
- 200000000900910
Description
Exceptional investment opportunity: a brand-new, 6,793 square foot 7-Eleven convenience store and gas station in Stafford, Texas. This property boasts a 14.9-year absolute NNN lease with a corporate guarantee from 7-Eleven, the world's largest convenience store chain (S&P rated A). The lease commenced July 1, 2023, and features four, five-year renewal options, with 10% rent bumps every five years throughout the primary term and options. The property sits on a 1.44-acre lot and enjoys a prime location at the intersection of US Highway 90 and Avenue E, a high-traffic area with over 62,000 vehicles per day. The surrounding area is affluent, with over 353,000 residents within a five-mile radius and an average household income exceeding $102,000. This location is less than a mile from Houston Community College and is surrounded by other national tenants such as Chipotle, Starbucks, and McDonald's. The property's strong financials include a 5.00% cap rate and a net operating income (NOI) of $288,730. The asking price is $5,775,000, translating to $850.14 per square foot. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a rapidly growing area of Texas, near the major Fortune 500 hub of Houston. The building was constructed in 2023. This is a 100% occupied property.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Stafford
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5597
- Latitude
- 29.6163
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,395
$687,196
$2,160,800
$2,847,996
-
$687,196
$2,160,800
$2,847,996
