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Property profile & analytics
OFF-MARKET Estimated value $720,000
Commercial real estate

1001 Main St Quanah, TX 79252-5533

9,244 SF 0.8 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Property ID
US83-0794057
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple, single-tenant, net-leased convenience store/grocery store in Quanah, Texas. The property, a 8,015 square foot building constructed in 2018, is 100% occupied by a Family Dollar store under a corporate guarantee. The lease, with a remaining term of approximately 3.4 years, expires March 31, 2028. The property boasts a strong 9.00% cap rate and a NOI of $77,500, with a price per square foot of $107.42. Located at 1001 S Main St, Quanah, TX 79252, this strategically positioned property sits on a 0.8-acre lot at a signalized intersection with over 16,000 cars passing daily. The building benefits from a transferable roof warranty and limited landlord responsibilities (roof and structure only). The tenant, Family Dollar, is a major corporation with over 8,000 locations and $10+ billion in annual revenue, providing significant financial stability. The property's proximity to Quanah High School (300+ students) and Hardeman County Memorial Hospital (Level IV Trauma Center) further enhances its desirability and long-term potential. This is a rare opportunity to acquire a high-yield, low-risk investment in a stable market with minimal competition. The asking price is $861,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 9,244 SF
Lot 0.8 ac (34,979 SF)
APN 5439
UPID US83-0794057
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Family Dollar Discount Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$720k
Owner & transaction history
QUANAH REAL ESTATES LLC
QUANAH REAL ESTATES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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