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AT&T & HTeaO 201 S. Dumas 4,200 SF 100% Leased Retail Building Dumas, TX 79029 $1,384,000 ($329.52/SF) 6.50% Cap Rate



INVESTMENT 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
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,200 SF
Year Built
2005
Price
$1,384,000
Price Per SF
$329.52
Cap Rate
6.50%
NOI
$90,024
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.52 AC
Zoning
C-1 - Commercial
Parking
26 Spaces (7.62 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11514 | Improvements Assessment | $398,420 |
| Land Assessment | $90,000 | Total Assessment | $488,420 |
PROPERTY TAXES
Parcel Number
11514
Land Assessment
$90,000
Improvements Assessment
$398,420
Total Assessment
$488,420
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AT&T & HTeaO | 201 S. Dumas
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