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Flyer provided by HAR
Property For Sale
3305-3535 Gulf Freeway
DICKINSON, TX 77539

Property Information:

  • Listing # 180784
  • $ 10,300,000
  • Built in 1970
  • 8.84 Total Land Acres
  • Cross Street: FM 517
 

Sub Type Information:

Retail Information

  • 105,218 SF Max Avail
  • 105,218 SF Min Avail
  • 25 Number of Tenants
  • 522 Parking Spaces Available
  • 100.0 Percent Leased
  • 3 Signage
Comments: Dickinson Plaza Shopping Center Three single-story retail buildings totaling 105,218 SF on approximately 8.8 acres at a highly visible location; NEC of the major intersection of I-45 (Gulf Freeway) and FM 517 in Dickinson, Texas. 100% leased; major tenants include Palais Royal, Baskins Western Wear, Family Dollar. Great demographics; 43% population growth between 2000-2008 within 5-mile radius, above national average median family income, traffic counts >100,000 cars/day, strong local employment base. NOI: $893,879. Cap Rate: 8.7% Offering Price: $10,300,000 ($97.89/SF). $200,000 discount for assuming existing $3,800,000 6.1% loan. Please submit attached confidentiality agreement to receive the complete offering summary.
Listing Office: MARTIN O'MALLEY
Flyer Courtesy Of: Mike Nematpour
Office Phone: (713) 977-5800
Direct Phone: (713) 977-5800

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Property ID # 180784

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