• Well-established Walgreens drugstore with strong historical sales

• Absolute NNN lease with no landlord maintenance responsibilities, 13+ years remaining

• Northern Houston location with attractive demos: 296,812 residents having an average household income of $78,240 within a 5-mile radius of the property

• Close proximity to the Houston Methodist Willowbrook Hospital, a 312-bed hospital

• 4-way signalized corner location with excellent traffic counts

• Corporately guaranteed lease, deliverable free-and-clear, no rent holidays

Houston, TX$5,145,000 Price5.50% CAP Rate

Offering Memorandum

Texas Single Tenant | Walgreens in Northern Houston | Absolute NNN | Strong Sales

Investment Highlights

#1 AGENT COMPANYWIDE IN THE SALE OF NET-LEASED DRUGSTORES OVER $3.7 BILLION IN NET-LEASED PROPERTIES SOLD EXCLUSIVELY BY GLASS & PARTNERS

Parcel lines not exact

Exclusively listed by:

Jason HernandezSenior Associate(415) 963-3031 DirectJHernandez@marcusmillichap.com750 Battery Street, 5th FLSan Francisco, CA 94111CA DRE License: 01392646

Timothy SpeckTexas Qualifying Broker

John GlassExecutive Managing Director(415) 625-2114 DirectJGlass@marcusmillichap.com750 Battery Street, 5th FLSan Francisco, CA 94111CA DRE License: 00980723

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