5035 Farm to Market 2920, Spring, Texas 77388
Charge Up - Spring, TX is a convenience stores and gas station for sale in Spring, Texas, listed at $7,828,000. Key details: year built 1998, building size 9,225 sqft, lot size 1 acre, stories 1. Listed by Eric Vu of Anchor Point Capital on LoopingCloud and last updated August 17, 2026.
Presenting an exceptional, high-yield commercial real estate investment opportunity within the flourishing Houston Metropolitan Area. Offering a high 7.75% Cap Rate and an initial Net Operating Income (NOI) of $606,645, this single-tenant retail facility features a large 12,824-square-foot storefront building (9,225 SF net rentable area) situated on a prime 1.00-acre lot equipped with 10 fuel pumps.
The property is secured by a brand-new, 20-year Absolute NNN lease that commenced on August 21, 2025, providing full long-term stability with zero landlord operational or maintenance obligations. Built in 1998 and benefiting from a comprehensive 2025 remodel and rebrand, the asset boasts a proven track record of consistent operational performance. The investment structure includes 2% annual rental increases throughout the primary term and extended option periods (offering up to 40 years of total potential lease term), fee simple land and building ownership, and potential accelerated bonus depreciation benefits for the discerning buyer.
| Property & Financial Metric | Details |
| Property Name / Type | Absolute NNN Gas Station & Shopping Center Plaza |
| Location | FM 2920 Corridor, Houston Metropolitan Area (Spring/Houston, TX) |
| Cap Rate | 7.75% |
| Net Operating Income (NOI) | $606,645 |
| Building Size | 12,824 SF Total (9,225 SF Net Rentable Area) |
| Lot Size (Acreage) | 1.00 Acre (10 Fuel Pumps) |
| Ownership Interest | Fee Simple (Land & Building) |
| Year Built / Remodeled | 1998 / Complete 2025 Remodel & Rebrand |
| Lease Structure | Absolute NNN (Zero Landlord Obligations) |
| Primary Lease Term | 20 Years (Lease Expiration: 08/21/2045) |
| Options & Extensions | Up to 40 Years Total Potential Lease Term |
| Rental Escalations | 2% Annual Increases (Primary Term & Options) |
Newly Remodeled & Inflation-Protected Lease Structure
Brand-New 20-Year Primary Term: Commenced in August 2025, providing 20 full years of guaranteed base term stability with extension options extending up to 40 total years.
True Absolute NNN Passive Income: Zero landlord responsibilities. The master tenant handles all taxes, insurance, maintenance, roof, and structural upkeep.
Predictable Income Growth: Compounding 2% annual rental increases during the base term and renewal options safeguard your cash flow against inflation.
Recent Capital Improvements: Fully remodeled and rebranded in 2025, minimizing future capital expenditure needs and ensuring modern operational infrastructure.
Strong Real Estate Fundamentals & Tenant Advantages
Fee Simple Tax Benefits: Land and building ownership structure qualifies the property for Bonus Depreciation / Accelerated Cost Recovery strategies (consult your CPA).
Multi-Revenue & Subtenant Offset: Features additional rental income from retail subtenants within the plaza, lowering the master lessee’s operating overhead and strengthening tenant health.
Proven Operational Track Record: Site has demonstrated consistent revenue growth and long-term commercial performance.
Strategic Houston MSA Location & Infill Demographics
High-Volume Traffic Corridor: Located directly along Farm-to-Market 2920 (FM 2920), seeing over 33,500+ vehicles per day (VPD).
Dense, Growing Population: Surrounding 5-mile radius encompasses over 230,000 residents with continuous regional migration.
Affluent Suburban Pocket: Average household income exceeds $117,000 within a 3-mile radius.
Prime Consumer Spending: Transportation, fuel, and vehicle maintenance represent the 2nd highest consumer expenditure category in the immediate 1-mile radius (accounting for 25.5% of total local spending).
Tax-Free Advantage: Located in Texas, a state with no state income tax, optimizing net investment yield.
Positioned roughly 30 minutes from Downtown Downtown Houston, this premier gas station and retail plaza combines heavy daily drive-by exposure, strong affluent demographics, and turnkey physical improvements. Backed by a strong lease guaranty and a brand-new 20-year Absolute NNN commitment, this asset represents a top-tier acquisition for 1031 exchange buyers seeking yield, stability, and tax-advantaged passive income in Texas.
Broker Contact Information:
Ned Skinner – nskinner@anchorpointcapital.com
Chandler Dignam – cdignam@anchorpointcapital.com
Key highlights
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $7,828,000 | 7.75% | - | - | - |
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Charge Up - Spring, TX is listed at $7,828,000. That works out to about $849 per square foot. The stated cap rate is 7.75%.
The property is in 5035 Farm to Market 2920, Spring, Texas 77388, Harris County.
This is a convenience stores and gas station for sale in the commercial category.
The building is 9,225 sqft. The lot is 1 acre.
The lister indicates: Third Party Financing.
Eric Vu of Anchor Point Capital listed this property. Use the Request Info button to send a message or call (949) 667-1077.
It was published on August 17, 2026 and last updated on August 17, 2026.
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