624 E 1st Street,Dumas, TX 79029
Dumas, TX 79029
Description
Exceptional opportunity to acquire a stable, income producing Family Dollar property located in the growing community of Dumas, Tx. This freestanding retail building offers long term security and consistent returns from a nationally recognized tenant. Tenant: Family Dollar. Lease Term remaining: 3 years 2 months. One (1) automatic 5 year option extension. One (1) additional 5 year option upon mutual agreement. Net Operating Income (NOI): $70,844annually. Lease Type: Double Net+ 7.74 Capitalization rate Strategically situated on a highly visible throroughfare in Dumas, this property benefits from strong traffic counts and excellent accessibility. Family Dollar has demonstrated long term commitment to this location. Ideal choice for investors!!
Details
| Listing Number | 26-8038 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1996 |
| Days On Site | 9 |
| Listing Provided By | Berkshire Hathaway HomeServices Premier Properties | Danny Allison |
Features
| SQ Feet | 41,952 |
|---|---|
| Zoning | 5000 - All areas in the 5000's |
| Acreage | 0.48 |
Area Information
| State | TX |
|---|---|
| County | Moore |
| City | Dumas |
| Zip Code | 79029 |
| Area | Dumas |
| Subarea | Dumas |
| Listing VS Median (in 79029) | |
Price: $915,000 low | high Med: $239,000 sqft: 41,952 low | high Med: 1,592 $ / sqft: $22 low | high Med: $150 On site: 9 low | high Med: 102 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Moore |
| City | Dumas |
| Zip Code | 79029 |
| Area | Dumas |
| Subarea | Dumas |
| Listing VS Median (in 79029) | |
Price: $915,000 low | high Med: $239,000 sqft: 41,952 low | high Med: 1,592 $ / sqft: $22 low | high Med: $150 On site: 9 low | high Med: 102 | |