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Shopping Strip

Dollar Tree Center

1305 B Tenaha St, Center, TX 75935

Listing Price: $2,085,000

Cap Rate
7.75%
Gross SF
29,621
Rentable SF
29,621
Price/Gross SF
$70.39
Lot Size
2.80 acres
Year Built
1984

Investment Overview

National Tenant Lineup & NNN Lease Structure
• Anchored by Dollar Tree and Anytime Fitness, two nationally recognized brands occupying approximately 69% of the center’s GLA.
• Dollar Tree occupies 10,280 SF with a lease extending through January 2032, while Anytime Fitness occupies 10,277 SF through December 2030.
• All three tenants operate under NNN leases, providing expense reimbursements and reducing landlord operating exposure.

Strategic US 96 Retail Corridor Location
• Positioned along Tenaha Street/US 96, a key north-south commercial corridor serving Center and the surrounding Shelby County trade area.
• Approximately 8,559 vehicles per day along US 96 provide strong daily exposure and convenient regional access.
• Surrounded by established retailers and traffic generators including Walmart, CVS Pharmacy, Bealls, Super 8 and Goodwill, reinforcing the property’s position within Center’s primary retail
node.

Established Regional Trade Area
• Located in Center, the county seat of Shelby County, positioning the property within an important commercial and service hub for the surrounding region.
• Strong daytime population of approximately 11,500 people within five miles supports demand from local employees in addition to area residents.
• Nearby employers include Portacool, High Roller Group, Nexion Health, Panola College and Walmart, contributing to a diversified local employment base.

Investment Highlights

  • 29,621 SF neighborhood retail center situated on approximately 2.80 acres in Center, Texas.
  • 100% occupied across three tenants, providing immediate and diversified in-place cash flow.
  • Fully leased NNN structure provides expense reimbursements and limits landlord operating exposure.

Exclusively Listed By

Shopping Strip

Dollar Tree Center

Listing Price: $2,085,000

Cap Rate
7.75%
Gross SF
29,621
Rentable SF
29,621
Price/Gross SF
$70.39
Lot Size
2.80 acres
Year Built
1984

Investment Highlights

  • 29,621 SF neighborhood retail center situated on approximately 2.80 acres in Center, Texas.
  • 100% occupied across three tenants, providing immediate and diversified in-place cash flow.
  • Fully leased NNN structure provides expense reimbursements and limits landlord operating exposure.

Investment Overview

National Tenant Lineup & NNN Lease Structure • Anchored by Dollar Tree and Anytime Fitness, two nationally recognized brands occupying approximately 69% of the center’s GLA. • Dollar Tree occupies 10,280 SF with a lease extending through January 2032, while Anytime Fitness occupies 10,277 SF through December 2030. • All three tenants operate under NNN leases, providing expense reimbursements and reducing landlord operating exposure. Strategic US 96 Retail Corridor Location • Positioned along Tenaha Street/US 96, a key north-south commercial corridor serving Center and the surrounding Shelby County trade area. • Approximately 8,559 vehicles per day along US 96 provide strong daily exposure and convenient regional access. • Surrounded by established retailers and traffic generators including Walmart, CVS Pharmacy, Bealls, Super 8 and Goodwill, reinforcing the property’s position within Center’s primary retail node. Established Regional Trade Area • Located in Center, the county seat of Shelby County, positioning the property within an important commercial and service hub for the surrounding region. • Strong daytime population of approximately 11,500 people within five miles supports demand from local employees in addition to area residents. • Nearby employers include Portacool, High Roller Group, Nexion Health, Panola College and Walmart, contributing to a diversified local employment base.

Exclusively Listed By

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