711 Airtex Dr
Houston, TX 77073

Transwestern is pleased to offer for sale to qualified investors a long term absolute net leased property in Houston, Texas. The fee simple offering is 100 percent leased to Brightwood College and guaranteed by the parent company Education Corporation of America. 711 East Airtex Drive in Houston, Texas is improved with a 42,890-square-foot, three-story office building situated on 2.22 acres of land. The lease will commence upon Close of Escrow (COE) and have a 15-year primary term, with four five-year tenant options to extend. Rent will increase one percent (1%) annually during the primary term as well as the option periods. The lease structure shall be absolute net with no Landlord responsibilities, offering an investor a true arm chair investment. Education Corporation of America ( ECA ) is a best-in-class platform in the post-secondary education sector. They operate 71 physical campuses with over 29,000 students. Current core brands include Virginia College, Brightwood College, Brightwood Career Institute, Golf Academy of America, Ecotech Institute and New England College of Business. The property is situated on the north side of Houston, equidistant from both Interstate 45 (266,335 ADT) and Hardy Toll Road (61,451 ADT) and in close proximity to George Bush Intercontinental Airport. The property is also convenient to many area restaurants and retailers including; Taco Bell, Buffalo Wild Wings, Olive Garden, Burlington, IHOP and Chase Bank. Located on the north end of the property sub-market is the newly completed ExxonMobil World Headquarters, situated on over 385 acres of land, this campus setting is built for over 10,000 employees bringing a new energy corridor to the north side of Houston.