This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

HTeaO and AT&T | NNN Lses | DriveThru 201 S. Dumas

4,200 SF 100% Leased Retail Building Dumas, TX 79029 £1,175,146 (£280/SF) 6% Net Initial Yield

Investment Highlights

  • Diverse Tenant Lineup | 100% Occupied | Drive-Thru Equipped | NNN Leases | E-Commerce Resistant Tenants
  • Strong National/Credit Tenants | Excellent Visibility & Access
  • Located Near an Arterial Thoroughfare | Heavily Traveled Corridor |Hotel Hot Spot | Moore County Hospital (20 Beds)
  • Strong Demographics in 5-Mile Trade Area

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, 100% occupied, two-tenant retail investment property located in Dumas, Texas. The property totals 4,200 SF with HTeaO occupying 1,800 SF and AT&T utilizing the remaining 2,400 SF. The offering consists of a diverse, ecommerce resistant tenant lineup comprised of restaurant and retail tenants creating a stabilized, income stream for a new investor. Both tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,200 SF
Year Built
2005
Price
£1,175,146
Price Per SF
£280
Net Initial Yield
6%
NOI
£70,509
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.19
Lot Size
0.52 AC
Zoning
C-1 - Commercial
Parking
26 Spaces (7.62 Spaces per 1,000 SF Leased)
Frontage
193 ft on S Dumas Street

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • AT&T
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • HTeaO
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
AT&T Retailer 99,999 SF - Lorem Ipsum Jan 0000
HTeaO Accommodation and Food Services 99,999 SF - Lorem Ipsum -
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Anytime Fitness
Starbucks
United Supermarkets
The YMCA
Lowe's Supermarket

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11514
Land Assessment
£70,497
Improvements Assessment
£312,082
Total Assessment
£382,579
  • Listing ID: 29146258

  • Date on Market: 31/07/2023

  • Last Updated:

  • Address: 201 S. Dumas, Dumas, TX 79029

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}