Aamir Panjwani Sells Exxon-branded StarStop Convenience Store In Porter Texas With Broker Sai Thakor
24645 Fm 1314
Building Size
49,228 SF
Asset Type
Retail
Closing
Sep 22, 2025
AI
The property asset involved in the transaction is a retail facility located at 24645 Fm 1314 in Porter, Texas. This Exxon-branded StarStop Convenience Store spans a total square footage of 49,228 and has been recently sold, contributing to the active retail market in the area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 24645 Fm 1314
- Market: Porter
- Seller: Aamir Panjwani
- Broker: Sai Thakor - CBRE
Sai Thakor from CBRE represented the seller in this transaction. This sale marks the second successful transaction for the client, indicating their strategy of partnering with a growing operator expanding within the Texas market. CBRE's National Gas Stations & Travel Centers team played a crucial role in facilitating this deal and offers services such as complimentary valuations for property owners interested in selling.
Players
Porter Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93