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4016 Highway 3
Dickinson, TX 77539

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,824 SF
Building Class
C
Year Built
2000
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
2.13 AC
Zoning
GC
Parking
75 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
258 ft on Texas - 3

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signalised Intersection
  • Drive Thru

About 4016 Highway 3 , Dickinson, TX 77539

• Investment Grade, Corporate Guaranteed Tenant: The property has a corporate guaranteed lease with 10 (5-Year) option periods to extend. There is approximately 9 years remaining in the property’s initial term. Walgreens is also an investment grade tenant (NYSE: WBA S&P: BBB), with this location posting exceptional store sales that are well above the national average. • Absolute NNN with Zero Landlord Responsibilities: The tenant pays for CAM, taxes, insurance, and maintains all aspects of the building, meaning no landlord responsibilities. • Signalized Hard-Corner Intersection: The property is located near the signalized, hard-corner intersection of State Highway 3 and Vain Street with a combined 21,000 vehicles passing by daily. It is also less than 2 miles away from Interstate 45 (74,500 VPD). • Retail Corridor With National Tenants Nearby national/credit tenants including AutoZone, O’Reilly Auto Parts, Family Dollar, Church’s Chicken, Dairy Queen, and many more. • Drive-Thru Equipped: 2 drive-thru lanes provide ease and convenience for customers. • Strong Demographics In 5-Mile Trade Area

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7005-0000-0001-001
Land Assessment
£177,664
Improvements Assessment
£2,692,256
Total Assessment
£2,869,920
  • Listing ID: 14367697

  • Date on Market: 13/11/2018

  • Last Updated:

  • Address: 4016 Highway 3, Dickinson, TX 77539

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