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!

Dollar Tree NEC SH 199 & Agnes Circle

10,000 SF Retail Building Springtown, TX 76082 £1,523,164 (£152/SF) 7.20% Net Initial Yield

Investment Highlights

  • Brand New 10-Year Corporate Lease with Dollar Tree (NASDAQ: DLTR)
  • New High Quality 2024 Construction with 20-Year Roof Warranty
  • Average Household Income Exceeds $95,000 in the Immediate Area
  • Rental Increases Occurring in Each of Four, Five-Year Renewal Option Periods
  • Situated in the Dallas / Fort Worth MSA, 30 Miles Northwest of Downtown Fort Worth
  • 38,652 Residents in the Surrounding Area - Households and Population Projected to Increase 5 - 6% in a Three-Mile Radius by 2027

Executive Summary

Dollar Tree carries a broad, exciting mix of consumable, variety, and seasonal merchandise that includes many trusted national and regional brands. Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses.
Springtown is a small city located in Parker County, Texas. Situated in the northern part of the state, Springtown is approximately 30 miles northwest of Fort Worth. With a population of around 3,000 residents, Springtown offers a tight-knit community, rural charm, and access to outdoor recreation.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Year Built
2023
Price
£1,523,164
Price Per SF
£152
Net Initial Yield
7.20%
NOI
£109,671
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Land Acres
1.05 AC

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar Tree Stores, Inc.
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar Tree Stores, Inc. Retailer 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19655-001-015-00
Land Assessment
£67,065
Improvements Assessment
£104,227
Total Assessment
£171,292
  • Listing ID: 29879564

  • Date on Market: 25/10/2023

  • Last Updated:

  • Address: NEC SH 199 & Agnes Circle, Springtown, TX 76082

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') }}