Long Term Commitment: The Property is a rare, fee simple convenience store on a 15- year absolute NNN Lease backed by S&P “A” rated credit. Just under 10 years remain in the primary term, and the five, five-year options extend into 2060.
Investment Grade Credit: 7-Eleven has an S&P rating of A.
Rental Increase: Lease offers 10% rental increases every 5 years providing a strong hedge against inflation.
Site Qualifies for Bonus Depreciation: 100% accelerated bonus depreciation has been restored in light of new tax legislation.
Strategic Position: With frontage on Kuykendahl Road, the Property will benefit from exposure to the nearly 32,000 vehicles per day. Additionally, the Property is one minute from Grand Parkway/TX-99, which experiences more 59,000 vehicles per day and connects the Property to Houston via Interstate 45.
Prime Retail Location: The Property is situated on a sizable 1.79-acre parcel at the signalized entrance to Grand Parkway Marketplace I & II, which welcomed over 4.7 million visitors in the past year. Anchored by top national retailers including Target, Hobby Lobby, Academy, T.J.Maxx, Burlington, and Ross, the Marketplace stands as one of the area’s premier shopping destinations. The Property also benefits from its location within a dynamic retail corridor, adjacent to Spring Town Center and Klein Crossing. Spring Town Center is home to major anchors such as Walmart Supercenter, Cinemark, Lowe’s, and Sprouts Farmers Market, further reinforcing the area’s strong regional retail draw.
Excellent Local Demographics: The Property will benefit from the excellent surrounding demographics, with a 5-mile population of 229,755 earning an average household income of $145,320.
Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.
Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.
If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to .
Once we receive your NDA, we will contact you with login information.
