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2420 Washington Ave
Houston, TX 77007 Washington Ave

$2,557,000 USD

General Retail For Sale  •  5,608 SF

Property Details

• Property Type General Retail
• Total Building Size 5,608 SF
• Lot Size 0.23 AC
• Building Class B
• Year Built 1957
• Tenancy Multiple

60 Transit Score

70 Walk Score

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

Public Transportation

Commuter Rail	Drive	Walk	Distance
	3 min	-	1.1 mi
Airport	Drive	Walk	Distance
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