CVS - Sugar Land, TX

JLL is pleased to exclusively offer for sale the CVS located in Sugar Land, TX (the “Property” or the “Asset”) within the greater Houston MSA. The Property is favorably situated within Riverstone, a master-planned community encompassing over 3,000 acres of land, 6,600+ single-family homes, apartments, schools, parks and other amenities. Since 2010, the Asset’s surrounding 1-mile radius has experienced a staggering population growth of 421%, making it one of the fastest growing communities not only in Houston, but in the nation. Four apartment buildings totaling 977 units sit within one block of the Asset and have all been delivered within the last decade. The Property’s positioning at the hard-corner of University Blvd and LJ Parkway benefits from its exposure to more than 28,000 VPD.

CVS (the “Tenant”) operates at this location on an absolute NNN lease with nearly 16 years remaining, future rent growth, multiple renewal options and zero landlord responsibilities. This offering presents a passive income opportunity for investors seeking long-term cash flow backed by industry-leading tenancy in a premier growth market with exceptional real estate fundamentals.