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.