Houston, TX

Walgreens

Offered for sale is the opportunity to acquire an absolute net lease Walgreens in Houston, Texas. The property consists of a 14,800-square-foot, freestanding building that sits on 1.39 acres of land. There are 3.9 years remaining on the current lease term and ten, 5-year options remaining.

Building Size	14,800 sqft
Lot Size	1.39 acres
Year Built	2004

Offering Memorandum

Vincent Knipp

Senior Managing Director Investments

(972) 755-5205

vincent.knipp@marcusmillichap.com

License: TX 0579633

FINANCING TEAM

Duke Dennis

Director

(817) 932-6172

Duke.Dennis@marcusmillichap.com

Absolute Net Lease with 3.9 Years Remaining
Signalized Hard Corner Location on Aldine Westfield Road and Aldine Mail Route Road; Combined Traffic Counts Exceed 27,110 Vehicles per Day
More than 267,436 Residents Within a Five-Mile Radius
Large 1.39 Acre Parcel with Ample Parking and Multiple Access Points
Tenant Paid for the VillageMD Renovation at Their Own Expense
One Mile to Hardy Toll Road (60,500 VPD)
Numerous Schools Within a One-Mile Radius, Including Lone Star College-East Aldine Center, Grantham Academy, MacArthur Senior High School, and Stephens Elementary School
20-Year Operating History