Investment Highlights

LONG-TERM ABSOLUTE NNN GROUND LEASE
» 11-year NNN ground lease with 10% rental increases every five years, providing a hedge against inflation
» Tenant is responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot
» No landlord management, providing an ideal investment opportunity for an out-of-area investor
» Leased to corporate entity with more than 450 units
» Below market rent

HIGH-TRAFFIC LOCATION IN DENSE RETAIL CORRIDOR
» Excellent visibility and access to 24,510 vehicles per day at the intersection of West Main Street and Alma Drive
» Convenient access to both Tomball Parkway (23,000 AADT) and Texas 249 (42,014 AADT)
» Infill location in the dense retail cluster around the intersection of Main Street (FM 2920) and Texas 249, which serves as a regional retail hub for Tomball and Montgomery County
» Adjacent to H-E-B-anchored retail center

» Within walking distance of Tomball Regional Medical Center (357 beds and 1,300 employees) and Kindred Hospital – Tomball (75 beds and 175 employees)
» The population within a one-mile radius of the property increases significantly during business hours, due to 9,901 daytime employees working in the area
» Near Tomball High School (1,720 students) and Lone Star College – Tomball (12,360 students and 1,056 employees)
» 92,528 residents with an average household income of $115,078 living within a five-mile radius
» Between 2019 and 2024, the population within a five-mile radius is expected to increase nearly 15%

DYNAMIC TENANT SERVING A PRACTICAL NEED
» Drive-thru oil change in less than five minutes, with the customer remaining in their vehicle during service
» Take 5 is experiencing explosive growth and recently announced franchising plans

Property Description

The property is strategically located at the intersection of West Main Street and Alma Drive, with excellent visibility and access to 24,510 vehicles per day. West Main Street provides convenient access to both Tomball Parkway (23,000 AADT) and Texas 249 (42,014 AADT). The property is located in the dense retail cluster around the intersection of Main Street (FM 2920) and Texas 249, which serves as a regional retail hub for Tomball and Montgomery County. The property is adjacent to a large shopping center anchored by H-E-B. A short distance from the property is Tomball Marketplace, featuring notable tenants like Academy Sports + Outdoors, Ross, Marshalls, and Kohl’s. Other well-known retailers near the property include Lowe’s, Target, Kroger, Party City, Walgreens, O’Reilly Auto Parts, McDonald’s, and many more.

The property benefits from its prime location near major employers, schools, and residential neighborhoods. The property is within walking distance of Tomball Regional Medical Center (357 beds and 1,300 employees) and Kindred Hospital – Tomball (75 beds and 175 employees). The population within a one-mile radius of the property increases significantly during business hours, due to 9,901 daytime employees working in the area. Several large schools are nearby, including Tomball High School (1,720 students) and Lone Star College – Tomball (12,360 students and 1,056 employees). Additionally, the property is located in an affluent, rapidly growing market, with 92,528 residents with an average household income of $115,078 living within a fivemile radius. Between 2019 and 2024, the population within this area is expected to increase nearly 15%.