300 19Th St Dumas, TX 79029

This exceptional investment opportunity presents a 15,050-square-foot retail center in Dumas, Texas, boasting a prime location at 300 East 19th Street. The property is 100% occupied by four national credit tenants: Dollar Tree, Sally Beauty, Cato, and Domino's Pizza. These tenants benefit from a high-traffic location near a major thoroughfare, a hotel, and Moore County Hospital, ensuring a stable and secure investment. The center, built in 2008, sits on a 2.12-acre lot and offers a compelling net lease structure (NNN) with varied lease terms and rent bumps. The current Net Operating Income (NOI) stands at $168,006, yielding a 7.86% cap rate, and the asking price is $2,137,000 ($141.99 per square foot). Dollar Tree, Cato, and Sally Beauty have demonstrated long-term commitment, having occupied the space for over a decade and recently renewing their leases. An adjacent 2-acre parcel is also available for future development, priced separately at $700,000. This presents a unique opportunity to expand the property's potential. The property offers a strong tenant mix, high occupancy, and a desirable location, making it an attractive investment for discerning buyers.