Pop-In Gas Station & Retail - Houston TX — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Houston, TX 77082

Photos

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Investment Figures

Cap rate
10.00%

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

Marcus & Millichap is pleased to present the opportunity to acquire Pop-In Westpark Valley, a ground-up convenience retail development located at 14911 Westpark Drive in the West Houston submarket of Houston, Texas. Situated at the signalized intersection of Westpark Drive and Summit Valley Drive, the 1.75-acre site is being developed with a new +/-10,200 SF building projected to deliver in September–October 2026, offering a buyer a rare turnkey, new-construction entry point into a well-established, high-traffic Houston trade area. As a new-build asset, this offering is underwritten entirely on a pro forma basis, with projected stabilized EBITDA of approximately $700,000, supported by projected average monthly fuel volume increasing from 90,235 gallons in Year 1 to 115,932 gallons by Year 3, and projected average monthly convenience store sales growing from $152,115 to $162,306 over the same period — reflecting the trade area's dense, growing population base and ramping retail performance as the asset stabilizes. The property is structured around a diversified three-tenant income mix, anchored by a ±6,000 SF owner-operated convenience store and a ±3,500 SF owner-operated washateria, with the remaining suite available for third-party lease. The convenience store operates under a branded fuel supply agreement priced at Rack + $0.01, supporting predictable fuel margin from opening. The washateria is projected to generate approximately $65,000 per month in sales estimated by Ownership, while the vacant suite is underwritten at $5,500 per month in pro forma rental income, adding a layer of diversification beyond the core fuel and convenience revenue streams. The trade area benefits from strong nearby population density and household income, with 13,066 residents and $54,725 median household income within 1 mile, expanding to 92,120 residents and $66,287 median household income within 3 miles — a dense, growing base of daily consumer demand for fuel, convenience, and ever

Market Context

This retail in Houston, TX is listed for sale. It is offered at an approximate 10.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Houston, TX — view the full market.

As of Q1 2026, the Houston retail market showed a 5.5% vacancy rate, average asking rents near $21.28/SF/yr, rents up 2.5% year over year, and cap rates around 7.5%. Source: multiple brokerage reports, Q1 2026.

Its 10.0% asking cap rate is above the Houston retail market average of about 7.5%, implying a higher yield (and typically more risk or upside) than comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Houston?
About 7.5% as of Q1 2026, per multiple brokerage reports.
Is the Houston retail market tightening or softening?
Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).

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