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- LoopNet Team
4016 Highway 3
Dickinson, TX 77539
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Signalized 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
| Parcel Number | 7005-0000-0001-001 | Improvements Assessment | $2,071,500 |
| Land Assessment | $389,140 | Total Assessment | $2,460,640 |
PROPERTY TAXES
