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Shopping Neighborhood

Dollar Tree | Value-Add (Pro-forma 13.59% Cap)

1325 Tenaha St, Center, TX 75935

Listing Price: $1,100,000

Cap Rate
4.05%
Gross SF
92,782
Rentable SF
29,378
Price/Gross SF
$11.86
Lot Size
2.13 acres
Year Built
1984

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the Dollar Tree | Value-Add property located in Center, TX.

Investment Highlights

  • Dollar Tree Stores, Inc. Corporate guaranteed lease
  • Dollar Tree exercised a 5-year extension early, showing commitment to the location
  • Value-add opportunity to lease the adjacent space with pro-forma double-digit return
  • Pandemic Proof and Essential Tenant
  • Directly next door to new Taco Bell (relocation store, currently under construction)
  • Excellent visibility from Tenaha St, a main thoroughfare

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Shopping Neighborhood

Dollar Tree | Value-Add (Pro-forma 13.59% Cap)

Listing Price: $1,100,000

Cap Rate
4.05%
Gross SF
92,782
Rentable SF
29,378
Price/Gross SF
$11.86
Lot Size
2.13 acres
Year Built
1984

Investment Highlights

  • Dollar Tree Stores, Inc. Corporate guaranteed lease
  • Dollar Tree exercised a 5-year extension early, showing commitment to the location
  • Value-add opportunity to lease the adjacent space with pro-forma double-digit return
  • Pandemic Proof and Essential Tenant
  • Directly next door to new Taco Bell (relocation store, currently under construction)
  • Excellent visibility from Tenaha St, a main thoroughfare

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the Dollar Tree | Value-Add property located in Center, TX.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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