Dollar Tree | 451 Moss ave
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Dollar Tree 451 Moss ave
10,000 SF Retail Building Odessa, TX 79763 £1,475,209 (£148/SF) 7.35% Net Initial Yield
Investment Highlights
- New Development Texas Dollar Tree – Built in 2024
- Dollar Tree Stores, Inc. Lease Guaranty
- Impressive 50% Population Growth Over the Past 13 Years Within 5 Miles
- Almost 10 Years Remaining on Original 10-Year Lease – Store Open and Paying Rent
- Strong Local Customer Base – 32,000+ Residents Within 5 Miles of Subject Property
- Site Fills Retail Void in an Area Surrounded by Residences and Businesses
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar Tree in Odessa, TX. The subject property is corporately guaranteed by Dollar Tree Stores, Inc. with almost 10 years remaining on original 10-year lease. It is a new development Dollar Tree with tenant fully responsible for HVAC repairs and replacement. The property has a strong local customer base with 32K+ residents within a 5-mile radius.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Year Built
2024
Price
£1,475,209
Price Per SF
£148
Net Initial Yield
7.35%
NOI
£108,428
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Lot Size
1.03 AC
Contacts
-
Cody Crist -
Eric Kelley -
Chance Hales -
Branson Blackburn -
Trinity Real Estate Investment Services, LLC
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Dollar Tree | 451 Moss ave
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