4021 La Homa Rd Mission, TX 78574-5862

This exceptional investment opportunity presents a 9,166 square foot, single-tenant Dollar Tree storefront in Mission, Texas. Located at 4021 La Homa Road, this property boasts a secure 10-year net lease (commencing July 1, 2024, and expiring June 30, 2034), offering 9.6 years of remaining lease term with a national credit tenant. The property, built in 2007 and renovated in 2024, sits on a 1.33-acre lot and includes 28 parking spaces. With 100% occupancy and a 7.35% cap rate, the asking price is $1,684,000 ($184 per square foot). The property benefits from a high-traffic location at a lighted intersection, conveniently situated near Palmview High School and Lloyd Bentson Elementary School. Mission, Texas, shows consistent population growth, promising a strong and expanding customer base. The annual rent is lower than the average for comparable Dollar Tree locations, mitigating risk and enhancing the investment's overall value. This presents a compelling opportunity for investors seeking a stable, high-yield retail investment, particularly those considering 1031 exchange strategies. No rent bumps are included in the lease.