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15743 Lee Rd
Houston, TX 77032

$472,500 USD

Convenience Store For Sale  •  2,500 SF

Property Details

• Property Type Convenience Store
• Total Building Size 2,500 SF
• Lot Size 0.31 AC
• Building Class C
• Year Built 1950
• Cap Rate 8.00 %
• Tenancy Single

23 Transit Score

26 Walk Score

Highlights

LONG TERM LEASE – The current lease term has ±7 years remaining.

LOW RENT – Current rent is at $15 PSF.

NO LANDLORD RESPONSIBILITIES – The current tenant is on a NNN lease, meaning no landlord responsibilities.

24 HOUR STORE FORMAT – The store is open 24 Hour which boosts store sales.

SOLID DEMOGRAPHICS – Over 148,361 People in a 5-Mile Radius.

SOLID POPULATION GROWTH – 9.36% Annual Population Growth projected in the next 5 years.

Cap Rate:

8.00 %

Public Transportation

Airport	Drive	Walk	Distance
George Bush Intcntl/Houston	6 min	-	4.1 mi
William P Hobby	41 min	-	26.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes