Stonecliff is pleased to present the fee-simple interest in a brand-new, single-tenant 7-Eleven located at the hard-corner intersection of Fairmont Parkway and Bay Area Boulevard in [City, State]. This newly executed 15-year corporate lease includes five (5-year) renewal options with scheduled
7.50% rental increases, ensuring long-term income growth and a hedge against inflation. The absolute NNN lease structure grants investors zero landlord responsibilities, making it an ideal passive investment opportunity. Strategically positioned just off Highway 146, a major thoroughfare connecting Houston to Galveston with over 88,100 vehicles per day, the property benefits from exceptional visibility and access. Additionally, it is located near the Port of Houston, the busiest U.S. port by foreign tonnage, with over 56,000 employees fueling demand in the area. The surrounding 5-mile trade area boasts strong demographics, with over 70,904 residents and an average household income exceeding $118,000. The site is also adjacent to a dense retail corridor, featuring nationally recognized tenants such as Kroger, Goodwill, and KFC. This investment offers a rare opportunity to acquire a high-performing asset in a growing, high-traffic market with strong economic drivers.