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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

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,824 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.13 AC
Zoning
GC
Parking
75 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
258 FT on Texas - 3

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

PROPERTY TAXES

Parcel Number
7005-0000-0001-001
Land Assessment
$222,860
Improvements Assessment
$3,377,140
Total Assessment
$3,600,000
  • Listing ID: 16783882

  • Date on Market: 8/1/2019

  • Last Updated:

  • Address: 4016 Highway 3, Dickinson, TX 77539

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