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33889200
33889199

909 West Holiday, Fate, TX 75132

LC
TX 714883
Matthews
DJ
TX TX 814048, TX 814048
Matthews
Listed by Matthews
$255,000
4 days on market
Updated 4 days ago

Freestanding Post Office (USPS)

Details
Property Type Retail, Office (+1)
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 1,064
Net Rentable (SqFt) 1,067
Cap Rate 5.69%
NOI $14,521
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 15
Lease Expiration 10/31/2028
Remaining Term 2.3
Lease Options None
Price per SqFt $240
Year Built 1993
Year Renovated 2023
Lease Commencement 10/13/1993
Ground Lease No

Post Office (USPS) | Dallas-Fort Worth

Marketing description

USPS has been leasing this facility since 1993, when a 15-Year lease agreement was initially executed. Since then, the lessee has executed four additional 5-Year options. No options remain. USPS is currently paying $13.91/SF. This location is open 6 days of the week.

Landlord responsibilities include routine maintenance and repairs of the facility, including roof, structure and HVAC. Property Taxes are fully reimbursed by the lessee. Insurance is a landlord responsibility. Contact broker for maintenance rider and insurance quote.

Investment highlights

  • Lease Expires 10/31/2028
  • No Options Remaining
  • Modified Gross Lease Structure
  • 1,067 SF Building
  • 0.34 AC Parcel

Listing Contacts

LC
TX 714883
Matthews
DJ
TX TX 814048, TX 814048
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$14,521.00
$1,210.08/mo

Valuation Metrics

0
DSCR
5.69%
Cap Rate
5.69%
ROI

Map

Zoning

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A AgricultureAgricultural
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Lee Cordova
License
714883
Name
Davis Johnson
License
TX 814048
Brokerage Phone
9726365715
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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