3
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$1,180,000
Est. payment /mo
7,000 SqFt
New
624 E 1st ST Dumas, TX 79029
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $168
MLS Listing ID 25-9253
Year Built 1996
Acres 0.48
Lot Dimensions 130 x 160
Source Amarillo Association of REALTORS®
Property 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: 4 years, 2 months
One (1) automatic 5-year extension option
One (1) additional 5-year option upon mutual agreement
Net Operating Income (NOI): $70,844 annually
Lease Type: Double Net Plus
6% Capitalization Rate
Strategically situated on a highly visible thoroughfare 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!
Tenant: Family Dollar
Lease Term Remaining: 4 years, 2 months
One (1) automatic 5-year extension option
One (1) additional 5-year option upon mutual agreement
Net Operating Income (NOI): $70,844 annually
Lease Type: Double Net Plus
6% Capitalization Rate
Strategically situated on a highly visible thoroughfare 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!
Location
State TX
County Moore
Area 5010 - Dumas
Zoning 5000 - All areas in the 5000's
Direction From Dumas Avenue in Dumas, go east on S. 1st Street. 624 S. 1st Street will be on your left just before Maddox Avenue.
Interior
Cooling Central Air
Exterior
Parking Features Parking Lot, Paved
Utilities Available Electric, City Sewer
Building
Structure Type Frame,Brick Veneer
Listed Danny Allison • Berkshire Hathaway HomeServices Premier Properties
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