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5412 Davis Blvd
North Richland Hills, TX 76180
Dollar Tree · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guarantee by Investment-Grade Tenant – The lease is corporately guaranteed by Dollar Tree, Inc. (NASDAQ: DLTR)
- Favorable Tax Environment – Located in Texas, a state with no personal income tax
- High Traffic Location – The property benefits from excellent visibility and access along Davis Boulevard
- Essential Retailer Designation – Dollar Tree was classified as an “essential retailer” during the COVID-19 pandemic
- Affluent Surrounding Demographics – The average household income within a ±5-mi radius is approximately $126,354 indicating strong local spending
EXECUTIVE SUMMARY
Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2013
Price
$1,503,887
Price Per SF
$187.99
Cap Rate
8%
NOI
$120,311
Tenancy
Single
Building Height
1 Story
AMENITIES
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Number | 05634482 | Improvements Assessment | $1,346,926 |
| Land Assessment | $308,074 | Total Assessment | $1,655,000 |
PROPERTY TAXES
Parcel Number
05634482
Land Assessment
$308,074
Improvements Assessment
$1,346,926
Total Assessment
$1,655,000
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