7-Eleven

12835 Telge Road, Cypress, TX

Deal Type:

Net Lease

Price:

$9,058,757

Cap Rate:

4.425%

Current Rent:

$400,850

Lease Type:

Triple Net

Landlord Responsibilities:

None

Lease Expiration Date:

Approx. 13 years

Renewal Options:

4, 5-Year Options

Building Sq. Ft.:

4,739 SF

Rent Increases:

10% Every 5 Years

Site Size:

2.07 Acres

Access Offering Memorandum

Investment Highlights

Store Open and Operating and Not Subject to Development Delays
Long term absolute NNN lease
“Evolution Store” offering 7-Eleven’s Laredo Taco concept
High income suburb of Houston with incomes North of $170,000
Located at the entrance of The Winward – A 300+ unit apartment facility
The asset is located in a high-growth market with ~ 15% growth year over year
Tax Free State

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Adam English

Managing Director
256 694 9803
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

Association with Scott Reid & ParaSell, Inc. | P: 949.924.6578 |A Licensed Texas Broker #9009637

Download Offering Memorandum

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