Irfan Tejani Of Pinnacle Oil & Gas Acquires Retail Gas Station In Houston For Undisclosed Amount
Building Size
3,800 SF
Asset Type
Retail
Closing
Aug 12, 2026
AI
A newly developed gas station and convenience store has been successfully closed in Houston, Texas. The property spans a total of 3,800 square feet. The transaction was completed from contract to close in a time frame of 60 days.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Market: Houston
- Buyer: Irfan Tejani
- Brokers: Sai Thakor & Aayush Desai - CBRE; Irfan Tejani
In this transaction, CBRE represented both the seller and Pinnacle Oil & Gas, led by Irfan Tejani. Pinnacle Oil & Gas is a privately held organization focused on nationwide growth and expansion within the gas station and convenience store sector.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93