• Houston, TX MSA – This CVS is located in Humble, TX, a major retail and residential suburb within the Houston metropolitan area, the fourth-largest city in the United States and one of the nation’s most economically diverse MSAs. The Houston MSA is home to approximately 7.8 million residents and benefits from a deep employment base anchored by energy, healthcare, logistics, and manufacturing, as well as its role as a global port and distribution hub. Baytown functions as a major employment and population center within the MSA, supported by its proximity to the Port of Houston, a strong industrial and petrochemical job base, and continued residential growth driving long-term retail demand.
• Ranked Among America’s Fastest-Growing Suburbs – The Property is strategically positioned within one of the nation’s most active growth markets. Atascocita ranked #2 nationally among America’s fastest-growing suburbs in 2025, with the broader Lake Houston trade area — encompassing Humble, Atascocita, and Kingwood — growing 12.1% over five years to over 320,000 residents. That momentum is drawing institutional capital: Read King Properties is delivering a $60 million H-E-B-anchored mixed-use development featuring 336 apartments and four speculative retail buildings, a $36.2 million 160-unit build-to-rent community is slated for Q3 2026 delivery, and national retailers including PNC Bank, Panda Express, and Dave’s Hot Chicken are all scheduled to open within the submarket by Q4 2026.
• Affluent Community – This CVS serves the high-income community of Humble, located in Houston’s northeast suburbs near Lake Houston, where the average household income within a 3-mile radius exceeds $155,000, supporting strong consumer spending, durable retail demand, and long-term tenant stability.
• High-Visibility Location – Strategically situated at a signalized intersection with exposure to a combined 41,000 vehicles per day, this CVS benefits from exceptional visibility and consistent drive-by traffic.
• Assisted Living Adjacent – The Property is strategically positioned within a healthcare-oriented trade area with a strong surrounding senior population. Directly across the street are Riverbrook Village Apartments, a 110-bed senior living community, and The Bradford at Cottage Grove, a 16-bed memory care facility. Additionally, Eagle Springs Senior Living and Wentworth Senior Apartments — totaling approximately 227 senior housing units combined — are located within 0.6 miles of the Property. The surrounding concentration of assisted living, memory care, and age-restricted housing reinforces CVS’s role as a primary neighborhood pharmacy destination.
• Income Tax-Free State – Texas boasts one of the nation’s most attractive tax climates, being one of only nine states nationwide with no state income tax.
• Investment Grade Credit Tenant – The lease is guaranteed by CVS Health Corporation, the top Fortune 500 pharmaceutical and health service company ranking #6, and boasting an S&P credit rating of BBB+ with a $96 billion market cap. In economic downturns, investment-grade credit tenants outperform their less creditworthy peers as investors prioritize safety and liquidity.