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Dollar Tree NEC SH 199 & Agnes Circle

10,000 SF Retail Building Springtown, TX 76082 $1,930,500 ($193/SF) 7.20% Cap Rate

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
$1,930,500
Price Per SF
$193
Cap Rate
7.20%
NOI
$139,000
Tenancy
Single
Building Height
1 Story
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
$85,000
Improvements Assessment
$132,100
Total Assessment
$217,100
  • Listing ID: 29879564

  • Date on Market: 10/25/2023

  • Last Updated:

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

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