17025 Tx-154 Harleton, TX 75651
- Specialty properties
- 9,180 SF
- 1.50 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 17025 Tx-154
- Year built
- 2007
- Lot size
- 1.50 lot acres
- Property size
- 9,180 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents a 9,180-square-foot Family Dollar store located at 17025 TX-154, Harleton, TX 75651. The property sits on a 1.5-acre lot and boasts a strong 8.50% cap rate, generating a net operating income (NOI) of $77,422. Built in 2007, this single-tenant retail building is currently 100% occupied under a Net Net (NN) lease with a credit-rated, corporate guarantor (Dollar Tree Inc., S&P rating BBB). The lease commenced January 1, 2007, and expires December 31, 2027, leaving approximately 3.1 years remaining on the current term. The lease includes three 5-year options with 10% rent bumps. The asking price is $910,850, translating to $99.22 per square foot and $910,850 per unit. The tenant, a well-established national brand, has demonstrated commitment to the location by recently exercising lease options and accepting rent increases. The property benefits from its strategic location across from a local high school and elementary school, ensuring consistent customer traffic. This is a rare opportunity to acquire a stable, high-performing retail asset in a tax-free state. The property offers minimal landlord responsibilities, with no caps on insurance or property tax reimbursements.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harleton
- County
- Harrison
- State
- Texas
- Longitude
- -94.5743
- Latitude
- 32.6757
