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    Dollar Tree in Canyon, TX Title is generated by Realmo AI

    315 N 15th St, Canyon, TX 79015

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    Dollar Tree property in Canyon, TX, with seller financing.

    Type:Retail
    Property size:
    10,000 SF
    Price / SF:
    $214/SF
    Added:
    Feb 10, 2026
    Days on Market:
    144
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 315 N 15th St

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2025

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    Eric Kelley
    Eric Kelley

    Listing office Trinity Real Estate Investment Services

    Listing date Feb 10, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services

    HighLights

    • Firm‑priced seller financing available.
    • No prepayment penalty on the seller financing.
    • Favorable interest rates on seller financing: 6.75% with 30% down or 6.5% with 40% down.
    • 25‑year amortization schedule on seller financing, due in 5 years.
    • Property is a Dollar Tree, a well‑known retail brand.
    • New construction: Built in 2025.

    Overview

    This commercial property in Canyon, TX, is a Dollar Tree location. The property offers firm-priced seller financing with a 25-year amortization due in 5 years. The financing includes PITI payments, assignment of lease and rents, and required third-party loan servicing. Interest rates are offered at 6.75% with 30% down or 6.5% with 40% down, and there is no prepayment penalty. Additional information is available on the property website.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $249.6k $24.96
    − Vacancy −$12.5k −$1.25
    EGI $237.1k $23.71
    − OpEx −$59.3k −$5.93
    NOI $177.8k $17.78
    10,000 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.54M
    $2.22M – $2.96M (±1% cap)
    NOI $177,840 @ 7.0% cap · market cap 8.29%
    Second Best
    Retail
    $1.94M
    $1.69M – $2.26M (±1% cap)
    NOI $135,453 @ 7.0% cap · market cap 6.31%
    Theoretical Best
    Hotel Hospitality
    $5.13M
    $4.49M – $5.99M (±1% cap)
    NOI $359,100 @ 7.0% cap · market cap 16.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Real Estate Agency Spa & Massage Center Law Firm Dental Office Pharmacy Grocery & Convenience Store Daycare Center Parking Lot & Garage Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Canyon
    County
    Randall
    State
    Texas
    Longitude
    -101.9286053
    Latitude
    34.9805147

    FAQs

    What type of property is this?
    Grocery and convenience store - Dollar Tree property in Canyon, TX, with seller financing.
    Where is this grocery and convenience store located?
    The property is located at 315 N 15th St Canyon, TX.
    What is the asking price?
    The asking price for this property is $2,145,985.
    What are key features of this property?
    This property features: Firm‑priced seller financing available.; No prepayment penalty on the seller financing.; **Favorable interest rates on seller financing**: 6.75% with 30% down or 6.5% with 40% down.
    More about this property
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