9630 Wilcrest Dr
Houston, TX 77099
Corporate PPG Paint Store · Retail Property For Sale

The subject property is a single tenant PPG Paint store located in southwest Houston, Texas. The Property consists of a freestanding 4,750 sf building on 16,814 sf of land at 9630 Wilcrest Ave. near Bissonette St. PPG Paints (successor to Glidden Paints) has occupied this building continuously since 1979 - 35 years and recently exercised a 5 year renewal option commencing on June 1, 2014. Original tenant, The Gliden Company, a blue-chip, 139 year old company was acquired by PPG Industries in 2012 creating the 2nd largest manufacturer of paints and coatings in North America. The Property is in a transitional area characterized by a mix of residential, neighborhood and national retail and industrial uses. Traffic generators nearby include CVS Pharmacy, Jack in the Box, Church’s Chicken, O’Reilly Auto, RSC Equipment Rental, Sherwin Williams, AutoZone and PCCA Compounding Pharmacy. The tenant has demonstrated their commitment to this building by the continued lease renewals. An investor should enjoy continued cash flow from this credit tenant.