Four Corners Shopping Center
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301 S Brazosport Blvd Freeport, TX 77541
Description
Four Corners Shopping Center is a 71,634 square foot grocery-anchored shopping center in Freeport, Texas, about 50 miles south of Houston. The grocer, Arlan’s Market, is the second highest grossing store in the 16-store chain located throughout south and central Texas. The tenant’s occupancy cost is a healthy 1.3%. Arlan’s is the only full-scale super market in Freeport and includes a fresh meat and seafood department and produce section. The center also includes corporate leases with Family Dollar and Dollar Tree, two solid junior anchors that makes Four Corners the premier retail destination in Freeport. These three tenants account for 67% of the gross leasable area of the shopping center. Among the remaining small shop tenants, the average rent is only $9.29 per square foot, giving a new owner good upside in rental growth. The property also can also accommodate a pad site on the northeast corner that has never been marketed and presents even more upside.
Square Feet
71,634 SF
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Four Corners Shopping Center
301 S Brazosport Blvd Freeport, TX 77541