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11290 Fondren Rd
Houston, TX 77096 Greater Fondren Southwest

$2,800,000 USD

Convenience Store For Sale  •  2,016 SF

Property Details

• Property Type Convenience Store
• Total Building Size 2,016 SF
• Lot Size 0.65 AC
• Building Class B
• Year Built 1982
• Cap Rate 6.25 %
• Tenancy Single

41 Transit Score

77 Walk Score

Highlights

Single-Tenant Absolute NNN Ground Lease With Marathon Fuel Franchisee

Marathon Fuel Gas Stations (NYSE: MPC; S&P BBB) Operates 7,200 Independently Owned Retail Outlets and 1,100 Direct Dealers

6.5 Years Remaining on Absolute NNN Lease; Zero Landlord Responsibilities

Rare Annual Increases Starting in January 2026

Tenant Spent Significant Capital Converting From a Shell to Marathon Fuel in 2025

Marathon Is #29 on the 2024 Fortune 500 List

Cap Rate:

6.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Shell

Public Transportation

Airport	Drive	Walk	Distance
William P Hobby	33 min	-	18.7 mi
George Bush Intcntl/Houston	44 min	-	33.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes