Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Dollar Tree Plaza 420 S Broadway St 15,300 SF 100% Leased Retail Building Elsa, TX 78543 $2,790,000 ($182.35/SF) 7.12% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

100% Occupied: Three Tenant Strip Center in South Texas
Walmart Shadow Anchored: Drives Consistent Consumer Traffic to the Site
2016 Construction
Strong Credit & NNN Leases: All Three Tenants Have NNN Leases. Dollar Tree is Publicly Traded (NASDAQ: DLTR) | NAPA Auto Parts is Operated by Genuine Parts Company (NYSE: GPC) | Crickett Wireless is a Wholly Owned Subsidiary of AT&T (NYSE: T)
Recent Lease Renewal: Dollar Tree Recently Exercised a 5-Year Renewal Option, Demonstrating Long-Term Commitment
Prime Location & Signalized Hard Corner: On Broadway, Elsa’s Most Heavily Trafficked Retail Corridor
Multiple Access Points & Large Pylon Sign: Provides Easy Ingress and Egress and Additional Exposure to the Center
Surrounded by Top National Retailers: Walmart Supercenter, H-E-B, Whataburger, McDonalds, Dairy Queen, CVS, Wingstop, T-Mobile, AutoZone, and more

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,300 SF
Building Class
C
Year Built
2016
Price
$2,790,000
Price Per SF
$182.35
Cap Rate
7.12%
NOI
$198,561
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
1.01 AC
Zoning
RS
Frontage
210’ on FM 88

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • -
  • -
  • -

At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

  • Retailer
  • -
  • -
  • Triple Net
  • -

In 1925, a group of independent auto parts sellers met in Detroit to form the National Automotive Parts Association. Their mission was simple: Improve the distribution of auto parts to serve the people and businesses who increasingly relied on cars and trucks for their transportation needs. NAPA stores and warehouses, which were owned by a variety of member companies at the time, quickly became the go-to sources for parts. Carlyle Fraser, founder of Genuine Parts Company, served as a key NAPA contributor in its early years. Across the decades, Genuine Parts began to acquire the other NAPA member companies, and in 2012 became the last remaining member of NAPA, a brand with a reputation for quality parts, rapid availability, and knowledgeable people. Today, the NAPA Network offers hundreds of thousands of unique parts, distributed across many distribution centers, thousands of NAPA Auto Parts stores and even more NAPA Auto Care centers throughout the United States.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - - - -
Retailer - - Triple Net -

NEARBY MAJOR RETAILERS

H-E-B
Scooter's Coffee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C0850-00-530-0044-01
Land Assessment
$301,087
Improvements Assessment
$1,220,913
Total Assessment
$1,522,000
  • Listing ID: 37218437

  • Date on Market: 8/11/2025

  • Last Updated:

  • Address: 420 S Broadway St, Elsa, TX 78543

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}