Family Dollar Net-Leased Retail
New
For Sale
$915,000
624 E 1ST Street, Dumas, TX 79029
Commercial Sale, Dumas, TX
Property Size41,952 SF
Lot Size0.48 Acres
Price / SF$21.81
Days on Market1
Property Features for 624 E 1ST Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
5000 - All areas in the 5000's
Parking features
Parking Lot
Directions
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.
Subdivision
5010 - Dumas
Standard status
Active
APN
DUMAS DOLLAR DEVELOPMENT LLC
Size
41,952 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Description
E/130' BLK E MILLER
Legal Description
E/130' BLK E MILLER
Utilities
Cooling system
Central Air
Building Details
Year built
1996
Building materials
Frame, Brick Veneer
Listing Agency:
Berkshire Hathaway HomeServices Premier Properties
(806) 355-9601
Listed By:
Danny Allison · License #795772
(830) 237-8631
Added: Oct 9
Last Checked: Oct 9 at 5:06PM
MLS# 26-8038
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding retail building at 624 E 1st Street in Dumas contains 41,952 square feet on a 0.48-acre parcel. Built in 1996, it has frame and brick veneer construction, central air conditioning, and a parking lot. Family Dollar occupies the property under a Double Net+ lease.
The lease has 3 years 2 months remaining, with one 5-year extension option and a second 5-year option available by mutual agreement. The stated capitalization rate is 7.74%.
The lease has 3 years 2 months remaining, with one 5-year extension option and a second 5-year option available by mutual agreement. The stated capitalization rate is 7.74%.
Key Highlights
- Family Dollar occupies the freestanding retail building
- 41,952 square feet on a 0.48‑acre parcel
- Double Net+ lease with 3 years 2 months remaining
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 store is occupied under a Double Net+ lease with extension options.
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; 41,952 square feet on a 0.48‑acre parcel; Double Net+ lease with 3 years 2 months remaining
