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1103 W Main St, La Porte, TX, 77571

7-Eleven
$6,513,629

Key Information

Cap Rate
5.4%
Tot. SF
4,842
Units
1
Year Built
2020
Term Remaining
±10 Yrs
Type
Retail
NOI
$351,736

Highlights

Fundamental Location, Visibility & Access 

  • Located at the hard corner 4-way signalized intersection along Texas State Highway 146 with outstanding visibility and ±80,839 vehicles per day (VPD)
  • Brand-new 2020 construction featuring a modern 7-Eleven prototype with gas station, including a ±4,842 SF convenience store, and 16 fueling stations.
  • Port of Houston (4 miles): The busiest U.S. port by foreign tonnage, supporting 56,000+ employees.
  • La Porte High School, Junior High, and Elementary School (1 mile): Enrolls approximately 2,935 students, ensuring consistent local demand.
  • Morgan’s Landing (1 mile): A 642-home master-planned community driving residential growth.
  • Bay Forest Golf Course (3 miles): A popular regional destination attracting both local and visiting golfers.
  • LyondellBasell Bayport Polymers Plant (4 miles): A key industrial employer contributing to strong workforce demand.
  • Excellent Access and Visibility: Excellent ingress/egress with strong corner positioning in the high-growth Houston MSA.

Corporate Credit w/ Optimal Lease Structure 

  • Corporate Guaranty by 7-Eleven, Inc. and a S&P “A” credit rating
  • 15-Year Base Lease Term commenced August 1, 2020
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • 10% Rental Increases Every Five (5) Years in Base Term and Option Periods
  • Four, 5-Year Renewal Options
  • Property featuring Laredo Taco Company, 7-Eleven’s own authentic Mexican food chain: Jointed with the home of authentic, traditional Tex-Mex food Laredo Taco.
  • Fee Simple Ownership — eligible for bonus depreciation (consult CPA)

Favorable Demographics

  • Household Income exceeds $101,857 within a 3-mile radius
  • Strong regional demand and proximity to industrial economic hubs like the Port of Houston and Houston Ship Channel
  • Located within La Porte, a city with strong industrial employment and residential stability
  • Part of the Houston MSA, one of the fastest growing regions in the U.S., gaining over 250 new residents daily

*Michael Tamir, Kevin Puder, and Chad Kurz in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535, 4(b) of the Texas Administrative Code.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225