201 S. Dumas - Freestanding FOR SALE


Dumas, TX 79029
$1,384,000 USD
214-960-2835
201 S. Dumas, Dumas, TX for Sale
$1,384,000 USD
Freestanding - FOR SALE
1/8
null | 6.5% Cap Rate

201 S. Dumas
Dumas, TX 79029


HIGHLIGHTS

  • 100% Leased, 2-Tenant Drive-Thru Asset Leased to AT&T & HTeaO (Corporate Lease) Priced at $1,384,000 in Dumas, TX
  • Well-Positioned Just Off Main & Main Intersection at U.S. Highway 87 & U.S. Highway 287 (S. Dumas Ave); 28,200+ Combined VPD

OVERVIEW

AT&T & HTeaO is a 4,200 square foot retail asset located in the emerging submarket of Dumas within the Texas Panhandle. The Property benefits from strong access and visibility, situated on +/-0.52 acres, with parallel positioning to South Dumas Avenue (U.S. Highway 287), the primary north-south corridor through Dumas, Texas, with traffic volumes exceeding 18,862 vehicles per day. Built in 2005, AT&T & HTeaO features a modern design, a three-tiered highly-visible two-sided pylon sign, and an end cap drive-thru for HTeaO. The Property is 100% leased to a dynamic dual-tenant mix featuring the national retailer AT&T and growing brand HTeaO, with an average lease expiration of March 2034. Notable national retailers in close proximity to AT&T & HTeaO include Walmart Supercenter, CVS Pharmacy, Hibbett Sports, Domino’s Pizza, Subway, McDonald’s, Starbucks, Dollar General, and Family Dollar amongst others.

FOR SALE DETAILS

PRICE

$1,384,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AT&T & HTeaO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C-1

APN/PARCEL ID

11514

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.