Office Building
Income-Producing Commercial Asset | 37,743 SF on 3.7 Acres | Value-Add & Redevelopment Opportunity
Marketing description
2401 Termini Street presents a rare opportunity to acquire a scaled, income-producing commercial asset in one of Dickinson's most visible and accessible corridors. The property sits on the hard signalized corner of FM 517 and Termini Street with immediate access to I-45, offering dual-arterial frontage and exceptional regional connectivity in the heart of Downtown Dickinson, Texas.
The existing improvements include a 37,743 SF one and two-story commercial office building , all situated on 3.70 acres with ample paved surface parking. The building is elevator-served and features a flexible multi-tenant layout: the second floor offers private offices, conference rooms, kitchenettes, and suite configurations ranging from 1,403 SF to over 4,250 SF, while the ground floor includes an 8,000 SF open footprint and a drive-through bay — adaptable to a wide range of end uses.
The property generated $240,480 in gross rental income in 2024 , providing verified cash flow from day one. Tenants are relocatable, giving a new owner full flexibility to reposition the asset, lease up vacant space, or execute a phased redevelopment without disrupting existing income.
With a stable assessed value of $2,849,592 (consistent across 2023–2025), all city utilities in place, and a 3.70-acre footprint that supports a wide range of development programs, 2401 Termini is ideally suited for investors, owner-users, or developers targeting retail, medical/healthcare, mixed-use, multifamily, or professional office redevelopment. Scale, access, cash flow, and redevelopment upside — all in one of Dickinson's most strategic commercial locations.
Investment highlights
- $240,480 Gross Rental Income (2024 Actual)
- 37,743 SF Two-Story Commercial Building
- 3.70-Acre Site (160,954 SF) — Significant Land Basis
- Assessed Value: $2,849,592 (Stable 2023–2025)
- Elevator-Served, Multi-Tenant Layout with Flexible Suite Configurations (1,403–4,250+ SF)
- Drive-Through Bay + 8,000 SF Open Ground-Floor Footprint
- Relocatable Tenants — Reposition, Backfill, or Redevelop on Your Timeline
- Signalized Corner with Dual Frontage on FM 517 & Termini Street
- Immediate I-45 Access | All City Utilities In Place
- Ideal for Retail, Medical Campus, Mixed-Use, Multifamily, or Professional Office Redevelopment
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