List Search

5008 Aldine Bender Rd
Houston, TX 77032 Greenspoint/IAH Airport

$3,612,903 USD

Convenience Store For Sale  •  1,910 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 1,910 SF
  • Lot Size 0.51 AC
  • Building Class C
  • Year Built 1966
  • Cap Rate 7.75 %
  • Tenancy Single
0 Transit Score
32 Walk Score

Highlights

Pinnacle Oil & Gas is a family-owned and operated business. Pinnacle operates 70+ locations and is strategically growing its gallons & locations.
Tenant is responsible for taxes, insurance, maintenance, roof, structure, HVAC, utilities, and all operating expenses.
~14 years remaining on an original 15-year lease with 10% rental increases every 5 years and 4 x 5 year renewal options, creating durable income.
This site qualifies for attractive depreciation benefits, providing additional value to a stable, long-term net lease investment.
This purpose built 1,910 SF convenience store, selling Citgo Fuel, is historically a revenue driving store and a key component.
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Pinnacle 1,910 SF 12/31/2039

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 7 min - 4.7 mi
William P Hobby 40 min - 25.5 mi
Kevin Egan 215-714-2764 Sands Investment Group
Kevin Egan 215-714-2764 Sands Investment Group