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Dollar Tree 289 Jim Sharp Blvd

10,000 SF Retail Building Kermit, TX 79745 £1,553,946 (£155/SF) 7.30% Net Initial Yield

Investment Highlights

  • Brand New Dollar Tree (Not Combo) | Store Opening in September of 2024
  • Located in Oil Rich West Texas - Growing Industry Base and Population
  • Texas: No State Income Tax
  • Excellent Demographics - 3,800 People in 1 Mile Radius, Traffic Count of 17,000 Cars/Day
  • Regional Trade Area and Hospital, Limited Competition

Executive Summary

Brand New Dollar Tree (Not Combo)
Store Opening of September 2024
Excellent Demographics - 3,800 People in 1 Mile Radius, Traffic Count of 17,000 Cars/Day
Located in Oil Rich West Texas - Growing Industry Base and Population
Texas: No State Income Tax
Limited Competition
Regional Trade Area and Hospital

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2024
Price
£1,553,946
Price Per SF
£155
Net Initial Yield
7.30%
NOI
£113,455
Tenancy
Single
Number of Floors
1
Building FAR
0.29
Land Acres
0.78 AC
Frontage
70 ft on Texas 302

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Dollar Tree
  • -
  • 99,999 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Dollar Tree - 99,999 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4020-000A-0008000
Land Assessment
£3,067
Improvements Assessment
£0
Total Assessment
£3,067
  • Listing ID: 32407221

  • Date on Market: 10/07/2024

  • Last Updated:

  • Address: 289 Jim Sharp Blvd, Kermit, TX 79745

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