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AAA Petroleum
6335 Spencer Hwy, Pasadena, TX
Property Information
Price Summary
$ 3,093,245
Cap Rate
7.75 %
NOI
$ 239,726
Total Lot Size
0.54 Acres
Building Size
2,600 SF
Property Highlights
- AAA Petroleum Gasoline Station and C-Store in Pasadena, TX
- Absolute NNN Lease With 18+ Years Remaining on Primary Term
- Attractive 2% Annual Rent Increases
- Extremely Dense 5-Mile Demographics of 217,000+ Residents
- Strategically Located Along Spencer Hwy With 33,000+ Vehicles Passing in Front of Subject Property Daily
- Subject Property is Surrounded by Apartments and Schools Within 2 Miles Creating Additional Customer Traffic for the Area
- Situated in a Dense Retail Corridor With Several National Big Box Tenants Including Kroger, Walmart, Target, Home Depot and More
- 18 Miles From Downtown Houston
- AAA Petroleum
- 6335 Spencer Hwy, Pasadena, TX 77505
Point of Contact
Cody Crist
Partner/Senior Director
Eric Kelley
Director
Matt Davis
Partner
Chance Hales
Partner
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