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12202 Almeda Road, Houston, TX, 77045

Chevron

$4,730,500

Key Information

Cap Rate
7%
Tot. SF
5,197
Lot Size
1.04 Acres
Year Built
2026
Term Remaining
± 30 Years
Type
Retail
NOI
$331,135

Highlights

  • New 30-year lease, begins 11/1/2026
  • Absolute NNN lease with zero landlord responsibilities
  • Attractive 2% annual rent increases
  • Subject property qualifies for bonus depreciation (consult your CPA for confirmation)
  • 5-Mile population in excess of 295,410 residents
  • Population growth of 14.26% over the past 5 years and 7.91% population growth expected over the next 5 years
  • Affluent demographics with a strong average household income of $108,886 annually
  • Houston is the #1 fastest growing MSA in the United States and the 4th largest city by population
  • Nearby national tenants include McDonalds, Burger King, Kroger, Chase Bank, The Home Depot, Target, and many more
  • Q&S Enterprises operates 32 locations across Texas, Oklahoma, Iowa, and Utah which is an increase from 15 locations at the beginning of 2026 and expect to operate over 40 by EOY
  • Q&S Enterprises is also a multi-unit Golden Chick and Church’s Chicken franchisee
  • Q&S Enterprises has no corporate debt allowing financial flexibility to continue expansion

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204