Houston (Kirby Dr), TX - Walgreens

Description:

• The tenant has 7+ years remaining on its lease with 50 (1-Year) options to extend, demonstrating their commitment to the site
• The lease features flat rent throughout the initial term and option periods

• The subject property is adjacent to NRG Stadium, the home of the Houston Texans, which seats more than 70,000 people
• NRG Stadium is also home to the Houston Livestock Show and Rodeo, which attracts over 2 million people every year
• The property is in the center of a primary retail corridor with other nearby national/credit tenants including Target (195,000+ SF), Kroger (60,000+ SF), Ross, Spec’s, Chick-fil-A, Chipotle, Raising Cane’s, Olive Garden, and more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site