624 E 1ST ST, Dumas, TX 79029
624 E 1ST ST, Dumas, TX 79029
624 E 1ST ST, Dumas, TX 79029
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Fay Webb

Fay Webb

+1(806) 802-4070
$915,000
Est. payment /mo
41,952 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 41,952 sqft

Price per Sqft $21

MLS Listing ID 26-8038

Year Built 1996

Annual Tax Amount $10,255

Acres 0.48

Lot Dimensions 62 X 104

Source Amarillo Association of REALTORS®

Property Description

Exceptional opportunity to acquire a stable, income producing Family Dollar property located in the growing community of Dumas, Tx. This freestanding retail building offers long term security and consistent returns from a nationally recognized tenant. Tenant: Family Dollar. Lease Term remaining: 3 years 2 months. One (1) automatic 5 year option extension. One (1) additional 5 year option upon mutual agreement. Net Operating Income (NOI): $70,844annually. Lease Type: Double Net+ 7.74 Capitalization rate Strategically situated on a highly visible throroughfare in Dumas, this property benefits from strong traffic counts and excellent accessibility. Family Dollar has demonstrated long term commitment to this location. Ideal choice for investors!!

Location

State TX

County Moore

Area 5010 - Dumas

Direction 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.

Region Dumas

City Region Dumas

Interior

Cooling Central Air

Exterior

Parking Features Parking Lot, Paved

Utilities Available Electric, City Sewer

View Y/N No

Road Frontage All Weather, City Street, State Highway

Building

Structure Type Frame,Brick Veneer

Others

Tax ID DUMAS DOLLAR DEVELOPMENT LLC

Ownership DUMAS DOLLAR DEVELOPMENT LLC

Security Features Surveillance equipment on-site

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Listed by Danny Allison • Berkshire Hathaway HomeServices Premier Properties

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Fay Webb

Fay Webb

+1(806) 802-4070

Agent License ID: 825142

Agent License ID: 825142

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