CVS

Highlights

• Absolute NNN Lease - Zero Landlord Responsibilities
• Located Off of Interstate 10 & College Street - Combined Traffic Counts Boast in Excess of 40,000 Vehicles Per Day
• Strong Consumer Spending of $1B Within a 5-Mile Radius
• Located in a Tax Free State - Houston MSA | Beaumont TX has one of the Busiest Ports in the United States - "The Port of Beaumont"
• Lamar University is Located Within Close Proximity to Subject Property
• Population Within a 5-Mile Radius is in Excess of 99,000 People
• Surrounded By National Retailers Such as: H-E-B. Sams's Club, Walgreens, Raising Cane's, Office Depot, Starbucks, Chick-fill-A, Sonic, Dollar Tree, IHOP, Chick-fil-A, Jimmy John's, Sherwin-Williams & Many More.

Description

.

Houston is the most populous city in the state of Texas and in the Southern United States. It is the fourth-most populous city in the United States after New York City, Los Angeles, and Chicago, and the seventh-most populous city in North America. With a population of 2,302,878 in 2022, Houston is located in Southeast Texas near Galveston Bay and the Gulf of Mexico; it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle.

Houston is recognized worldwide for its energy industry—particularly for oil and natural gas—as well as for biomedical research and aeronautics. Renewable energy sources—wind and solar—are also growing economic bases in the city. The city has also been a growing hub for technology startup firms and is the fastest growing sector of the city's economy. In 2022 Hewlett Packard Enterprise relocated its global headquarters from California to the Greater Houston area. The Houston Ship Channel is also a large part of Houston's economic base.

Because of these strengths, Houston is designated as a global city by the Globalization and World Cities Study Group and Network and global management consulting firm A.T. Kearney. The Houston area is the top U.S. market for exports, surpassing New York City in 2013, according to data released by the U.S. Department of Commerce's International Trade Administration. In 2012, the Houston–The Woodlands–Sugar Land area recorded $110.3 billion in merchandise exports. Petroleum products, chemicals, and oil and gas extraction equipment accounted for roughly two-thirds of the metropolitan area's exports last year. The Houston–The Woodlands–Sugar Land metro area's gross domestic product (GDP) in 2022 was $633 billion, making it the seventh-largest of any metropolitan area in the United States and larger than Iran's, Colombia's, or the United Arab Emirates' GDP.

The University of Houston System's annual impact on the Houston area's economy equates to that of a major corporation: $1.1 billion in new funds attracted annually to the Houston area, $3.13 billion in total economic benefit, and 24,000 local jobs generated. This is in addition to the 12,500 new graduates the U.H. System produces every year who enter the workforce in Houston and throughout Texas. These degree-holders tend to stay in Houston.