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101 Dixie Dr
Clute, TX 77531
Plantation Plaza CALL FOR OFFERS · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Signalized Intersection
- Air Conditioning
ABOUT 101 DIXIE DR , CLUTE, TX 77531
-Previously Anchored by a High Performing Kroger – Kroger was achieving strong sales and only relocated a few miles north to a brand new Marketplace store -New Leasing Momentum – Dollar Tree just leased 10,000sf of the former Kroger box creating additional traffic and leasing momentum at the center -National Co-Tenants – Walgreen’s, Jack in the Box, Tuesday Morning, Dollar Tree, and Buddy’s Home Furnishings currently anchored the center -Priced Well Below Replacement Cost – Established asking price is $55/sf -Strong Profit Margins and Cash on Cash Return Upon Lease-up of Box – 70% profit margins and mid-teen cash on cash returns achievable at asking price
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,988,990 | |
| Land Assessment | $1,366,610 | Total Assessment | $11,355,600 |
PROPERTY TAXES
