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24645 Fm 1314

Aamir Panjwani Sells Exxon-branded StarStop Convenience Store In Porter Texas With Broker Sai Thakor
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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

Sai Thakor

CBRE

Broker

$80.6M

vol

26 deals

Broker
CBRE
CBREBrokerage

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