Gas Station and Shopping Center

Prime Houston 1031 Exchange | 8.00% Cap Rate Pinnacle Oil & Gas NNN Investment | 20-Year Lease with 2% Annual Increases

Surmount is pleased to present the exclusive listing for a high-yield single-tenant commercial retail asset occupied by Pinnacle Oil & Gas, strategically located at 12311 Bammel North Houston Road, Houston, TX 77066. Offered at $10,137,560 with an attractive 8.00% Cap Rate ($811,005 NOI), this property represents an elite, passive income generator ideal for 1031 exchange investors and institutional portfolios.

The property features a sprawling 12,025 rentable square feet of Class B retail building space situated on a generous 1.67-acre commercial parcel. The asset is subject to a brand-new, long-term 20.01-Year Absolute Triple Net (NNN) Lease which commenced on July 29, 2025. Providing a true hedge against inflation, the lease features predictable 2.00% annual rental increases, offering steady compounding yield throughout the entire term.

Backed by a strong tenant and corporate guarantee, this freestanding retail facility offers a 100% passive ownership experience with zero landlord management obligations. Furthermore, as a fuel station and convenience facility, the acquisition qualifies for attractive Accelerated and Bonus Depreciation benefits under IRC guidelines (consult your CPA for specific tax advisory).

Key Investment Highlights

• High-Yield 8.00% Cap Rate at $10.1M Pricing: Delivers a strong initial Net Operating Income (NOI) of $811,005, priced competitively at $843.04 per square foot.

• Long-Term 20-Year NNN Lease Structure: Commenced 7/29/2025, securing over 19 years of passive income with zero landlord management responsibilities.

• Compounding 2.00% Annual Rent Escalations: Built-in annual rent growth protects investor capital and boosts long-term yield.

• Strong Corporate Guarantee: Reinforced by a robust tenant and corporate guaranty from Pinnacle Oil & Gas, ensuring dependable rent collection.

• Significant Tax Depreciation Benefits: High-value service station infrastructure qualifies for Bonus and Accelerated Depreciation, allowing investors to shelter substantial year-one cash flows.

• Exceptional Double-Corner Frontage: Boasts massive exposure with 401 feet of frontage along Bammel North Houston Road and 405 feet of frontage on Champion Forest Drive.

• Modern 2019 Construction Footprint: A well-maintained 12,025 SF freestanding Class B structure on 1.67 acres with a low 0.17 Floor Area Ratio (FAR), offering smooth vehicle flow and high customer capacity.

Comprehensive Property & Financial Specifications

Location Analysis & Houston Market Advantage

The property occupies a commanding position in Northwest Houston at the major arterial junction of Bammel North Houston Road and Champion Forest Drive. With no local zoning restrictions and over 800 combined feet of street frontage, the site handles heavy daily commuter traffic and offers optimal ingress/egress.

Houston continues to lead Texas in economic expansion, job creation, and population growth. As an e-commerce-resistant retail and fuel asset positioned along a dense residential and commercial corridor, this single-tenant net-leased Pinnacle Oil & Gas location offers investors the perfect synergy of strong yield, inflation protection, and tax efficiency.

Contact the listing broker today to request the Confidentiality Agreement, full lease schedules, and the complete Offering Memorandum.