hillips 66 Gas Station - Houston MSA, TX

Prime Commercial Investment Opportunity: Phillips 66 Gas Station & C-Store in Houston MSA, TX

Anchor Point Capital is pleased to present the exclusive investment opportunity to acquire a single-tenant Phillips 66 gas station and convenience store located in the high-density Houston Metropolitan Statistical Area (MSA). Operating under a brand-new 20-year Absolute NNN lease, this asset delivers a completely passive income stream with zero landlord obligations. Qualified buyers gain fee-simple ownership (land and building) in an income tax-free state, with strong asset fundamentals and potential bonus depreciation benefits (consult your tax professional).

Investment Highlights & Lease Summary

This long-term net lease investment generates a secure Net Operating Income (NOI) of $354,382. The primary 20-year term commenced on April 01, 2025, and extends through March 31, 2045, offering a full 20 years of initial term remaining alongside options that unlock up to 40 years of total potential lease term. The lease structure guarantees compounding financial growth driven by 2.00% annual rent escalations throughout both the primary term and all renewal option periods.

• Lease Structure: Absolute NNN (Zero Landlord Responsibilities)

• Net Operating Income (NOI): $354,382

• Lease Term: 20 Years Primary (up to 40 years including options)

• Commencement Date: April 01, 2025

• Expiration Date: March 31, 2045

• Rent Bumps: 2.0% Annual Escalations (Primary Term & Options)

• Ownership: Fee Simple (Land & Building)

• APN: 1013680000026

Property Features & Real Estate Fundamentals

Built in 1999, this property consists of a spacious 3,473-square-foot convenience store paired with 8 active fueling lanes on a 0.51-acre parcel. Positioned directly on Beechnut Street, the property provides high visibility, direct street access, and continuous customer traffic at a signalized hard corner.

• Building Size: 3,473 SF

• Lot Size: 0.510 Acres

• Property Type: Retail (Convenience Store / Gas Station)

• Fueling Infrastructure: 8 Fueling Lanes

• Stories: 1

Strategic Houston MSA Location & High-Density Demographic Corridor

Situated at the busy signalized intersection of Beechnut Street and Cook Road, the site captures exceptional exposure to 51,500 vehicles per day. Located within a dense, established residential trade area, the asset serves an expansive surrounding consumer base:

• Massive Population Base: Over 525,659 residents live within a 5-mile radius.

• Strong Income Profile: The 5-mile trade area features a solid Average Household Income of $80,030.

• Tier-1 Metropolitan Area: The Houston MSA is one of the nation's premier economic centers, anchored by energy, global trade, healthcare, and port logistics.

• Tax Advantages: Situated in Texas, offering an income tax-free environment for property investors.

Brokerage Contact Information

To request the full Offering Memorandum or inquire about purchase details, reach out to the listing team at Anchor Point Capital:

• Ned Skinner – nskinner@anchorpointcapital.com

• Jacob Sparks – jsparks@anchorpointcapital.com