Houston, TX

Wells Fargo

Offered for sale is the opportunity to acquire a ground lease Wells Fargo in Houston, Texas. The property consists of a 2,483-square-foot, freestanding building on 0.69 acres of land. There are 3.6 years remaining on the current lease term, with 5% percent increases every 5 years, 10% in Options.

Building Size	2,483 sqft
Lot Size	0.69 acres
Year Built	2007

Offering Memorandum

Ryan Wolf

Managing Director

(972) 755-5207

RWolf@marcusmillichap.com

License: TX 622900

FINANCING TEAM

Duke Dennis

Director

(817) 932-6172

Duke.Dennis@marcusmillichap.com

2024 Roof Renovation at Tenant's Sole Expense
Ground Lease with 3.7 Years Remaining
Excellent Access and Visibility on Harrisburg Boulevard (15,405 VPD); Connecting Downtown Houston and the Port of Houston Area
More than 355,291 Residents and 597,889 Employees Within a Five-Mile Radius
Located on the Metro Rail Line for Easy Rail Access to Downtown
17-Year Operating History
10 Percent Rental Escalations Every Five Years in the Option Periods
Qualified Opportunity Zone in the Growing East End Revitalized Section of Houston
Near the University of Houston (37,943 Students Enrolled) and the EaDo and Denver Harbor Neighborhoods
Wells Fargo is the 3rd Largest Bank in the U.S. by Total Assets