3
See all 3 photos
$915,000
Est. payment /mo
41,952 SqFt
New
624 E 1ST ST Dumas, TX 79029
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 41,952 sqft
Price per Sqft $21
MLS Listing ID 26-8038
Year Built 1996
Acres 0.48
Lot Dimensions 62 X 104
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: 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!!
Location
State TX
County Moore
Area 5010 - Dumas
Zoning 5000 - All areas in the 5000's
Direction From Dumas Ave in Dumas, go east on S. 1st Street. 624 E 1st Street will be on your left just before the next red light.
Interior
Cooling Central Air
Exterior
Parking Features Parking Lot, Paved
Utilities Available Electric, City Sewer
Building
Structure Type Frame,Brick Veneer
Others
Tax ID DUMAS DOLLAR DEVELOPMENT LLC
Listed Danny Allison • Berkshire Hathaway HomeServices Premier Properties
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION