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Virtual Drive-By

Kroger Absolute NNN

309 N Lasalle St · Navasota, TX 77868 · Grocery / Big Box

Asking price
$2,675,465
Cap rate
6.75%
NOI
$180,594

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining4.8 yrs
Expiration04/2031
Rent bumpsNo
OptionsTwo (2), 5-Year
Ground leaseNo
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF33,892
Price / SF$79
Year built1992
Lot size2.66 ac
TypeGrocery Store, Storefront
Days on market54

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​Brookshire Brothers Grocery in Downtown Navasota, TX With 4+ Years Remaining on Current Term
  • ​Absolute NNN Lease - Zero Landlord Responsibilities
  • ​Established in 1999 - High-Performing Sales Volume Store
  • ​Large 2.66-Acre Property Near a Signalized Intersection With Combined Traffic Counts of 21,000+ Vehicles Passing Daily
  • ​Healthy 5-Mile Demographics With 12,000 Residents and a Population Growth Rate of 30.5% Since 2010
  • ​Strong Trade Area With a mix of National Brands, Local Shops, and Surrounding Neighborhoods
  • ​Brookshire Brothers is a Well-Established, Employee-Owned Grocery Chain With Over 120 Locations Across Texas and Louisiana

Property overview

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Brookshire Brothers in Navasota, TX.​ The subject property was established in 1999 and is a high-performing sales volume store.​

Property Website: https://trinityreis.​com/listing/309-n-lasalle-st/

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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.