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- LoopNet Team
4016 Highway 3
Dickinson, TX 77539
Walgreen's (10+ years/$9M+ sales) Houston MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- • $9,000,000+ Average Annual Sales
- • 10+ Years Remaining on the Prime Term
- • NNN Lease
- • Signalized Intersection – Hard Corner – (2) Drive -Thru Lane
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Signalized Intersection
- Drive Thru
ABOUT 4016 HIGHWAY 3 , DICKINSON, TX 77539
SVN ¦ Net Lease Texas is pleased to present a 13,824 SF Free-Standing Walgreen’s Pharmacy in Dickinson, Texas. Dickinson is part of the Houston, Texas MSA (5th largest) in the United States. It is store #6089, is fully leased to Walgreen’s and is operating under a 75 year term with options to terminate starting in July of 2030, and each 5 years thereafter. It was built in 2000 with (2) drive-thru lanes, and is situated on 2.2 acres of land. The lease structure is triple net (NNN), with zero landlord responsibilities. This Walgreen’s is located at the intersection of Highway 3 and Main Street with daily traffic counts that exceed 22,000+ with I-45 at 87,000+ VPD. This Walgreen’s has consistently averaged $9,000,000+ in annual sales (top 5% of all Walgreen’s).
PROPERTY TAXES
| Parcel Number | 7005-0000-0001-001 | Improvements Assessment | $2,071,500 |
| Land Assessment | $389,140 | Total Assessment | $2,460,640 |
PROPERTY TAXES
