The subject property is a freestanding Wachovia Bank branch located on the northeast corner of Highway 290 and Spring Cypress Road in NW Houston, Texas. Wachovia is situated in front of a Lowe’s Home Improvement store and adjacent to a new Firestone Tire and Arby’s Restaurant. Traffic generators in the immediate area include Wal-Mart, Target, Home Depot, TJ Maxx, Kroger Supermarket, 24 Hour Fitness, Dollar Tree, Ross, Famous Footwear, Bed Bath & Beyond, Petsmart, Office Depot, Pier 1 Imports, Capital One, Bank One, Bank of America, Hollywood Video, Hobby Lobby, Taco Cabana, Sonic Drive-In, Chili’s, and Chick-Fil-A.

Tenant: Wachovia Corporation
Wachovia Corp. is the nation’s fourth largest bank holding company and third largest full-service retail brokerate firm. The Company provides commercial and retail banking and trust services, as well as financial services, including mortgage banking, investment banking, investment advisory, home equity lending, asset-based lending, leasing, insurance, international and securities brokerage services, through other subsidiaries. The Company’s retail securities brokerage business is conducted through Wachovia Securities, LLC and operates in 49 states.