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3314 Palmer Hwy
Texas City, TX 77590
Retail Property For Sale
Investment Highlights
- New 15 Year NNN Lease with 10% increases every 5 years.
- Tenant is one of the largest franchisee of quick lube retail service stores in the country.
- Well located on Palmer Highway where traffic counts average 31,000 vehicles per day.
- This location is a Top Sales performer—exceeding system median sales by over 55%.
- Texas is a Non-Income Tax state.
- Strong demographics with a population over 66,214 and average household income of $67,009 within a 5 mile radius .
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,435 SF
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.56 AC
Property Taxes
| Parcel Number | 4426-0008-0304-005 | Improvements Assessment | $852,880 |
| Land Assessment | $195,000 | Total Assessment | $1,047,880 |
Property Taxes
Parcel Number
4426-0008-0304-005
Land Assessment
$195,000
Improvements Assessment
$852,880
Total Assessment
$1,047,880
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