7 Eleven Richmond Tx — Sale in Richmond, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Richmond, TX 77407

Investment Figures

Cap rate
4.90%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Brand-New 2022 Construction Featuring A Corporate-Guaranteed Lease From 7-Eleven, The World’s Largest Convenience Store Chain With Tens Of Thousands Of Locations Worldwide. Long-Term Absolute-Net Structure With No Landlord Obligations; Tenant Responsible For All Operating Expenses Including Roof, Structure, Insurance, And Maintenance. Contractual Rent Escalations Throughout The Primary Term And Options Provide Built-In NOI Growth And Long-Term Inflation Protection. The Property Is Located On Westpark Tollway (50,037 VPD) Serving Dense Master-Planned Residential Communities In Southwest Houston. Richmond Is Part Of The Houston–The Woodlands–Sugar Land MSA—One Of The Largest And Fastest-Growing Metro Areas in U.S. Driving Demand For Daily-Needs Retail Including Fuel And Convenience Services. Recently Developed High-Quality 4,842-Square-Foot Store Built In 2022 On A 1.27-Acre Parcel Designed For High-Traffic Convenience Retail. Investment Highlights: • Brand-New 2022 Construction Featuring A Corporate-Guaranteed Lease From 7-Eleven, The World's Largest Convenience Store Chain With Tens Of Thousands Of Locations Worldwide • The Property Is Located On Westpark Tollway (50,037 VPD) Serving Dense Master-Planned Residential Communities In Southwest Houston • Richmond Is Part Of The Houston–The Woodlands–Sugar Land MSA—One Of The Largest And Fastest-Growing Metro Areas in U.S.Driving Demand For Daily-Needs Retail Including Fuel And Convenience Services

Market Context

This retail in Richmond, TX is listed for sale. It is offered at an approximate 4.9% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Richmond, TX — view the full market.

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