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- LoopNet Team
304 N 25 Mile Ave
Hereford, TX 79045
Dollar Tree · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rising Store Sales
- NN Lease
- Execellent Location
- Low Price Point
- Corporate Guarantee
PROPERTY FACTS
ABOUT 304 N 25 MILE AVE , HEREFORD, TX 79045
Rising Store Sales - Sales have increased year over year at the Property. Tenant enjoys a healthy rent to sales ratio below 6%. Low Price Point - Dollar Tree purchase price under $1 million with below market rents. NN Lease - Tenant is responsible for real estate taxes, insurance, interior maintenance, parking lot, and HVAC. Landlord responsibilities are limited to the roof and exterior structure. Corporate Guarantee - Corporately guaranteed lease, Property has over five years remaining on the current term. In 2027 tenant’s option to extend includes a rent premium of 10%. Excellent Location - Located in the middle of the main retail corridor in Hereford, Texas. The Property fronts N. 25 Mile Avenue, which is the road that leads directly to the Walmart in town, with traffic counts exceeding 10,000 vehicles per day.
PROPERTY TAXES
| Parcel Number | 1906 | Improvements Assessment | $282,220 |
| Land Assessment | $303,810 | Total Assessment | $586,030 |
PROPERTY TAXES
