Family Dollar NNN Retail
New
For Sale
$915,000
624 E 1ST Street, Dumas, TX 79029
The freestanding building is leased to Family Dollar under a Double Net+ structure.
Property Size41,952 SF
Price / SF$21.81
Days on Market4
Property Features for 624 E 1ST Street
General Information
Standard status
Active
Size
41,952 SF
Property subtype
Commercial
Net Operating Income
$70,844
Additional Details
Cap Rate
7.74%
Building Details
Year Built
1996
Buildings
1
Tenancy
Single
Listing Agency:
Berkshire Hathaway HomeServices Premier Properties
Listed By:
Danny Allison · License #ALLDA
(806) 355-9601
Source:
Choosemeraki
Added: Oct 11
Last Checked: Oct 11 at 2:40PM
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 Berkshire Hathaway HomeServices Premier Properties
Investment Insights
Based on property information with market context.
This freestanding retail property at 624 E 1st Street in Dumas, Texas, was built in 1996 and is occupied by Family Dollar. The lease is structured as Double Net+ and has 3 years 2 months remaining. It includes one automatic 5-year extension option, with a further 5-year option available by mutual agreement.
The property is offered for sale and has a stated 7.74% capitalization rate.
The property is offered for sale and has a stated 7.74% capitalization rate.
Key Highlights
- Family Dollar occupies the freestanding retail building
- Lease has 3 years 2 months remaining
- One automatic 5‑year extension option
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
678
Businesses Nearby
Explore this area
Business Placement
Demographics for 79029, TX
16,230
Population
5,940
Households
2.7
Avg Household Size
32
Median Age
13%
College-Educated
78%
High-School Grad
302.9 sq mi
ZIP Area
54
Density / Sq Mi
$63,188
Median Household Income
$39,040
Median Earnings
$1,002
Median Rent
$152,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - The freestanding building is leased to Family Dollar under a Double Net+ structure.
Where is this nnn property located?
The property is located at 624 E 1ST Street Dumas, TX.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Family Dollar occupies the freestanding retail building; Lease has 3 years 2 months remaining; One automatic 5‑year extension option
