1420 Hwy Cactus, TX 79029
Guylane Plaza, located in Dumas, Texas, presents a prime retail investment opportunity. This multi-tenant strip center boasts a total of 140,000 square feet, offering spaces ranging from 800 to 22,204 contiguous square feet. Currently, there are 15 available spaces totaling 42,978 square feet. The property enjoys a highly visible location with frontage on Hwy 287, a major thoroughfare with exceptional traffic counts. Texas Department of Transportation data indicates 16,645 vehicles pass the site daily, ensuring significant exposure for tenants. The center benefits from strong anchor tenants, including Big R, United Supermarket, and Hibbett Sports, creating a vibrant and attractive retail environment. The property is situated at the corner of Hwy 287 and W 14th St in Moore County. The triple net (NNN) lease rate is approximately $2.67 per square foot. This well-established center offers a compelling opportunity for businesses seeking high visibility and strong foot traffic in a thriving retail market. The property's size and layout provide flexibility for a variety of retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.