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2602 Greens Road, Houston, TX, 77032

Chevron

$5,055,729

Key Information

Cap Rate
7%
Tot. SF
4,455
Lot Size
4.07 Acres
Year Built
2016
Term Remaining
± 30 Years
Type
Retail
Occupancy
100%
NOI
$353,901

Highlights

  • Subject property qualifies for bonus depreciation (consult your CPA for confirmation)
  • New 30-year lease, begins 11/1/2026
  • Absolute NNN lease with zero landlord responsibilities
  • Attractive 2% annual rent increases 
  • Affluent demographics with a strong average household income of $93,549 annually
  • Adjacent to George Bush Intercontinental Airport, which sees more than 48-million passengers annually
  • Population growth of 7.06% in the last 5 year and 3.18% projected over the next 5 years 
  • Houston is the #1 fastest growing MSA in the United States and the 4th largest city by population 
  • Nearby national tenants include McDonalds, Advance Auto Parts, CVS Pharmacy, Taco Bell, Walmart Supercenter, Chase Bank, 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