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2420 Washington Ave
Houston, TX 77007 Washington Ave

Rate Upon Request

General Retail For Lease  •  5,608 SF

Property Details

  • Property Type General Retail
  • Year Built 1957
  • Total Building Size 5,608 SF
  • Tenancy Multiple
  • Building Class B
60 Transit Score
70 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 5,608 SF Rate Upon Request
  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet

Description 

Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550

Highlights

Trulieve (NYSE: TRLV) — 240+ dispensaries nationwide, $1.2B revenue, 60% gross margin
Brand new 5-year NNN lease with two 5-year renewal options (~15 years total)
2.00% annual rental escalations providing predictable NOI growth
Tenant holds Texas Compassionate Use Program medical cannabis license
Premier Houston infill location in the Washington Corridor, ±1.4 miles from Downtown
Texas limited-license market — only 15 total licensed operators statewide

Amenities

  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Ageless & Beautiful Med Spa
Trulieve

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.1 mi
AirportDriveWalkDistance
William P Hobby 25 min - 13.6 mi
George Bush Intcntl/Houston 27 min - 20.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Joshua Longoria 832-640-7384 Matthews Real Estate Investment Services
Joshua Longoria 832-640-7384 Matthews Real Estate Investment Services