Houston, TX 77045

CitGo (Panthers Petroleum)

Property Address

12400 Almeda Road, Houston, TX, USA

Offering Summary

  • Price: $4,722,222
  • Lot Size: 1 Acre
  • Cap Rate: 7.20%
  • Year Built: 1995
  • Building SF: 4,413
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Annual Rental Increases
  • Tenant is a Rapidly Growing Fuel Retail and Convenience Store Operator with Over 55 Locations Throughout Texas
  • Densely-Populated Houston Trade Area with Nearly 280,000 Residents within Five Miles
  • Households Projected to Increase Approximately 6% in the Surrounding Area by 2030
  • Positioned Along Almeda Road, a Major North-South Thoroughfare Providing a Direct Route into Downtown Houston
  • Signalized Hard Corner Location, Easily Accessible by ±39,000 Cars per Day
  • Close Proximity to Major Houston Employment Centers, Including the Texas Medical Center, Downtown Houston, and Surrounding Industrial and Business Districts
  • Five Miles South of NRG Park, a 350-Acre Entertainment Complex Welcoming 5.5 Million Visitors Annually

Broker Information