Property summary
This exceptional investment opportunity presents a single-tenant Dollar Tree grocery store located at 2204 Lubbock Hwy, Lamesa, TX 79331. The property boasts 8,724 square feet on a 0.72-acre lot and was constructed in 2016. Currently operating under a Net Net + (NN+) lease, the property offers a strong 7.25% cap rate with a Net Operating Income (NOI) of $76,335. The lease with Dollar Tree has a remaining term of approximately 1.4 years, expiring April 30, 2026, representing a significant remaining lease term. The asking price is $1,052,897, translating to a price per square foot of $120.69. The property is 100% occupied, providing immediate cash flow and a stable investment. This is a single-story building situated on a sizable lot in Dawson County, Texas. The investment type is classified as Institutional, making it an attractive option for various portfolio strategies. This well-located Dollar Tree store presents a compelling opportunity for investors seeking a stable, high-yield retail investment in a strong market. The property's strong tenant, favorable lease terms, and high occupancy rate make it an ideal addition to any commercial real estate portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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