9531 Fallbrook Dr - Service Station FOR SALE


Houston, TX 77064
$4,062,500 USD
424-389-0582
9531 Fallbrook Dr, Houston, TX for Sale
$4,062,500 USD
Service Station - FOR SALE
1/3
null | 8% Cap Rate

9531 Fallbrook Dr
Houston, TX 77064


HIGHLIGHTS

  • 20-Year NNN Leased Gas & C-store Investment
  • Established hard-corner signalized location - 27,500+ VPD.
  • Infill Northwest Houston market - surrounded by businesses and housing; Strong surrounding demographics: $85,000+ average household incomes.
  • Significant housing & population density - 99,600 population within 3 miles; In-built demand, Houston is one of the most car-dependent markets in USA.
  • Panthers Petroleum – highly experienced, Houston-based operator; 15 years of experience and has grown to 20+ locations throughout all its entities.
  • Eligible for bonus depreciation (contact your tax advisor)

OVERVIEW

This offering presents a 20-year absolute NNN sale-leaseback to Panthers Petroleum, an established Houston-based operator specializing in gas stations and convenience stores. Located at a highly visible hard-corner signalized intersection with over 27,500 vehicles per day (VPD), the property benefits from exceptional traffic exposure. With 15 years of industry expertise and a portfolio of 17 locations across its entities, Panthers Petroleum delivers a proven track record of operational success, ensuring long-term stability for investors.

FOR SALE DETAILS

PRICE

$4,062,500 USD

PRICE/SF

$1,360 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gas Station & C-Store — 20-Year Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

C

APN/PARCEL ID

1165870000001

ASK ABOUT THIS PROPERTY

Joshua BergerCentury Partners Real Estate Inc.More Info
424-389-0582

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Joshua BergerCentury Partners Real Estate Inc.More Info
424-389-0582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.