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Dollar Tree 4021 N La Homa Rd

9,166 SF Retail Building Mission, TX 78574 £1,339,656 (£146/SF) 7.35% Net Initial Yield

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Investment Highlights

Secure Lease
High Visibility
Promising Area Growth

Strategic Location
Well-Priced Investment

Executive Summary

This single-tenant, net lease property features a secure 10-year lease with a credit tenant, making it an attractive option for real estate investors, particularly those looking to utilize 1031 exchange funds. The building was originally built in 2007 as a Family Dollar and has been fully renovated and updated in 2024 for Dollar Tree.

Mission Dollar Tree

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

9,166 SF

Building Class

Year Built/Renovated

2007/2024

Price

£1,339,656

Price Per SF

£146

Net Initial Yield

7.35%

NOI

£98,465

Tenancy

Single

Number of Floors

Building FAR

0.16

Lot Size

1.33 AC

Zoning

Commercial

Parking

35 Spaces (3.82 Spaces per 1,000 SF Leased)

Frontage

520 ft on La Homa Rd

Amenities

Corner Lot

Signalised Intersection

Air Conditioning

Retailer
99,999 SF
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At Dollar Tree, their customers can expect to find an environment where shopping is fun. They're known for their “thrill-of-the-hunt” shopping experience where customers can discover new, exciting items every week, from everyday essentials to fun craft, seasonal, and party merchandise. Many of the items they carry sell for more elsewhere, which means that their customers can stretch their dollars to get the products they need at an extreme value. They remain fiercely committed to their mission of bringing their customers extreme value every day, along with more thrills, more fun & new items every week! Dollar Tree carries a broad, exciting mix of consumable, variety, and seasonal merchandise that includes many trusted national and regional brands. In the midst of massive growth, Dollar Tree remains committed to their original mission: giving customers extreme value at low prices. With stores in the U.S. and Canada, they are fulfilling that mission more now than ever before.