850 Dixie Dr | Clute, TX 77531
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850 Dixie Dr
Clute, TX 77531
Sonic (Dixie Dr) - Clute, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 14 Years Remaining on an Absolute Triple Net (NNN) Lease
- Strong Sales Performance With Healthy Rent-to-Sales Ratio
- Pandemic Proof of Concept
- 10% Rent Increases Every 5 Years With Additional Bonus Rent (7% of Gross Sales Over Base Rent)
- Emerge! Inc. is a Growing Operator With 140-Units Across Four Brands
- Texas is an Income Tax-Free State
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,016 SF
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.93 AC
Zoning
F1
PROPERTY TAXES
| Parcel Number | 2115-0090-000 | Improvements Assessment | $1,126,040 |
| Land Assessment | $236,990 | Total Assessment | $1,363,030 |
PROPERTY TAXES
Parcel Number
2115-0090-000
Land Assessment
$236,990
Improvements Assessment
$1,126,040
Total Assessment
$1,363,030
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