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    3420 Highway 199 W Springtown, TX 76082

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    For Sale
    $1,700,000

    New construction Dollar Tree with corporate lease near Fort Worth.

    Property size:
    10,000 SF
    Lot size:
    1.06 Acres

    Property Features for 3420 Highway 199 W

    General Information

    Size
    10,000 SF
    Lot size
    1.06 Acres

    Source: Marcus & Millichap | Phoenix Agent Mark Ruble

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Dollar Tree Corporate Lease

    This property features a brand new, high-quality construction completed in 2024. It is subject to a 10-year corporate lease with Dollar Tree (NASDAQ: DLTR), with rental increases scheduled during each of the four, five-year renewal option periods. The property is situated within the Dallas/Fort Worth MSA, approximately 30 miles northwest of downtown Fort Worth, offering an easily accessible location along TX-199, which connects Springtown to Fort Worth. The surrounding area has an average household income exceeding $95,000. The area has 38,652 residents, with household and population projected to increase by 5-6% within a three-mile radius by 2027.
    Location Intelligence

    Current Use by Public Records

    Dollar Tree Dollar Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kennedale Florist

    Location Insight

    • Map
    • Local Demand
    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.623711
    Latitude
    32.931102

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    FAQs

    What type of property is this?
    Storefront property - New construction Dollar Tree with corporate lease near Fort Worth.
    Where is this storefront property located?
    The property is located at 3420 Highway 199 W Springtown, TX.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Brand new 10-year corporate lease with Dollar Tree (NASDAQ: DLTR); - New high quality 2024 construction; - Rental increases occurring in each of four, five-year renewal option periods
    (602) 770-2935
    Request Owner's contact information
    3420 Highway 199 W Springtown, TX 76082
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    Springtown, TX 76082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3420 Highway 199 W Springtown, TX 76082
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