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3916 US Highway 287 N 17,375 SF of Retail Space Available in Henrietta, TX 76365
HIGHLIGHTS
- Live and Run Your Business in the Texas Wide Open
- Excellent Traffic Counts
- Located outside the ETJ
- Low Rents
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,375 SF | Negotiable | $5.78 CAD/SF/YR $0.48 CAD/SF/MO $100,412 CAD/YR $8,368 CAD/MO | Modified Gross |
1st Floor
What sets this property apart is its picturesque hilltop location, providing breathtaking vistas overlooking the tranquil southern countryside south of US Highway 287. Imagine waking up to the stunning sunrise and enjoying the calming sunset from the comfort of your own home, perched atop this scenic hill. The advantage of this elevated setting is not only its natural beauty but also the proximity it offers to your potential business venture below, making it ideal for those looking to blend their living and entrepreneurial aspirations. Currently, the property houses a thriving retail outlet for the renowned Laguna Madre Traders, occupying a substantial 17,375 square foot building on the prominent Highway 287 N Frontage. While the business will not be included in the sale, the owners are amenable and willing to negotiate a lease-back arrangement, granting you additional flexibility and time to execute your vision for the future.
- Listed rate may not include certain utilities, building services and property expenses
- Central Air Conditioning
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Raised Floor
- Drop Ceilings
- Secure Storage
- Smoke Detector
- Work and Live in the Country
- Outside ETJ
- Great Traffic Counts over 16K daily
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 17,375 SF | Gross Leasable Area | 17,375 SF |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Storefront | Parking Ratio | 0.75/1,000 SF |
| Total Space Available | 17,375 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 17,375 SF |
| Year Built | 2001 |
| Parking Ratio | 0.75/1,000 SF |
ABOUT THE PROPERTY
As you consider this investment, please note that the owners kindly request a three month period to vacate the premises, ensuring a seamless transition for all parties involved. Seize the opportunity to own this unique property, offering a harmonious blend of business and residential prospects. Whether you envision a new retail endeavor or dream of crafting your own hilltop oasis, 3916 US Highway 287 awaits your transformation. Thank you for considering this property, and feel free to reach out with any further inquiries.
- Fenced Lot
- Security System
- Signage
- Enclosed Mall
- Air Conditioning
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3916 US Highway 287 N
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