Grand National Business Park Bldg A

JLL Capital Markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the fee simple interest in Grand National Business Park - Bldg. A (“the Property”). Developed as a BTS for Empower Pharmacy (“the Tenant”), the Property features 85,797 square feet of highly specialized lab and warehouse space in Houston, TX. The Property is 100% leased to Empower Pharmacy for 11.3 years with 2.00% annual rental escalations and four (4), five (5)-year renewal options at 95% of fair market rate. Empower Pharmacy, a rapidly growing compounding pharmacy specializing in customized medications for patients nationwide, has invested significantly in specialized pharmaceutical infrastructure within the facility, including clean rooms, laboratory space, and FDA-compliant production areas, demonstrating their long-term commitment to the location.

This strategic facility serves as a critical component of Empower’s vertically integrated healthcare ecosystem, supporting their nationwide distribution of compounded medications and specialty pharmaceutical products. With an excellent location right off Beltway 8, the Property is strategically positioned to leverage the Northwest submarket’s dense population base, providing Empower Pharmacy with access to a large customer and labor pools for continued operational growth.