Listed by Marcus & Millichap - Dallas
$1,643,000
Dollar Tree (Recent Roof Improvements)
Details
Property Type Retail
Sub Type Convenience Store, Discount
Square Footage 10,000
Cap Rate 7.00%
NOI $115,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 30.8
Lease Expiration 03/31/2037
Remaining Term 10.8
Rent Bumps Yes
Lease Options Two, 5-Year Remaining
Price per SqFt $164
Year Built 2006
Acreage 1.360
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/05/2006
Ground Lease No
Ownership Fee Simple
Triple-Net Lease | 1.36 Acres
Marketing description
Offered for sale is a triple-net leased Dollar Tree located in Brownsville, Texas. Dollar Tree recently exercised an option extending the lease through March 31, 2037 and has operated at the site since 2006, representing nearly 20 years of operating history within the Brownsville trade area. The property is positioned along Ruben M. Torres Boulevard within an established retail corridor anchored by national retailers and supported by dense surrounding residential neighborhoods. The surrounding trade area includes 143,231 residents within five miles and foot traffic ranking in the 88th percentile nationwide and across Texas Dollar Tree locations.
Investment highlights
- Recent Lease Renewal | Triple-Net Lease With 10.8 Years Remaining
- 88th Percentile Nationwide and Across Texas Dollar Tree Locations by Foot Traffic (Placer.ai)
- Recent Roof Improvements With 20-Year Warranty Coverage Through 2045
- Excellent Access and Visibility Along Ruben M. Torres Boulevard (19,624 VPD) Just Off East 14th Street (23,347 VPD)
- National Discount Retailer With 9,200+ Stores Across the 48 Contiguous States
- Dense 5-Mile Trade Area With 143,231 Residents and 137,195 Daytime Population
- #17 National Ranking for Economic Growth and #10 U.S. Growth Metro for Population Migration
- Brownsville-Harlingen Metro | Population of Approximately 430,000
Listing Contacts
Listed by Marcus & Millichap - Dallas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,000.00
$9,583.33/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
Map
Zoning
CC CommercialCore CommercialCorridor Commercial
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View all 149 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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