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4302 Highway 3 1,176 SF Retail Building Dickinson, TX 77539 For Sale
Investment Highlights
- Stand-alone building on a hard corner
- National credit tenant: Cricket Wireless
- Excellent condition
- High-visibility location at a busy intersection
- Lease in place through 9/30/2027 with 5 renewal options
Executive Summary
The 1,176 SF building is currently leased to Cricket Wireless, a well-established national brand, providing investors with immediate and reliable cash flow. The lease is active through September 30, 2027, with five (5) options to renew, offering long-term income stability and reduced rollover risk.
Cricket Wireless has successfully operated at this location since 2009, demonstrating long-term stability and strong tenant performance. The current lease has approximately two years remaining with multiple renewal options, providing investors with dependable “mailbox money” income and a truly hands-off ownership opportunity
Constructed and maintained in great condition, the property requires minimal ongoing capital expenditures, making it a true passive investment. Its stand-alone configuration and corner location enhance tenant desirability and future re-tenanting potential, should that ever be needed.
Located in a busy commercial corridor, the site benefits from strong daily traffic counts and surrounding retail synergy, supporting both the current tenant and long-term property value. This asset is well-suited for investors seeking a secure, single-tenant net-leased property with a national credit tenant, strong real estate fundamentals, and upside through long-term tenancy.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Information
- -
- -
- Sep 2027
Cricket Wireless began in 1999 as a prepaid wireless brand and later became part of AT&T after AT&T acquired Leap Wireless International. The company offers prepaid mobile plans, smartphones, and related wireless services, with support for online account management, billing, activation, and device help. Cricket Wireless serves customers through store locations and online sales, and its offerings include no-contract plans, 5G access, hotspot data on select plans, and device protection options. The company remains focused on straightforward wireless service for U.S. customers across a broad national footprint.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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|
Information | - | - | Sep 2027 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 5320-0332-0001-000 | Improvements Assessment | $278,700 |
| Land Assessment | $61,800 | Total Assessment | $340,500 |
Property Taxes
Presented by
4302 Highway 3
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