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AAA Petroleum
12350 Jones Rd, Houston, TX
Property Information
Price Summary
$ 5,027,745
Cap Rate
7.75 %
NOI
$ 389,650
Total Lot Size
0.5 Acres
Building Size
2,317 SF
Property Highlights
- AAA Petroleum Gasoline Station and C-Store in Houston, TX
- Absolute NNN Lease With 18+ Years Remaining on Primary Term
- Attractive 2% Annual Rent Increases
- Extremely Dense 5-Mile Demographics of 271,000+ Residents
- Strategically Located Along Jones Rd With 30,000+ 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 Retail Tenants Including Kroger, Walgreens, Public Storage, McDonald’s, Starbucks and More
- 23 Miles From Downtown Houston
- Corporately Guaranteed by Diamond Jubilee Management, Inc.
- AAA Petroleum
- 12350 Jones Rd, Houston, TX 77070
Point of Contact
Cody Crist
Partner/Senior Director
Eric Kelley
Director
Chance Hales
Partner
Matt Davis
Partner
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