Raymond Guzman Realtors

624 E 1st Street, Dumas, TX 79029

$999,999
Property Type: Commercial Square Footage: 7,000 Lot Size (sq. ft.): 20,800 Status: Active
Current Price: $999,999 Last Modified: 12/04/2025

Description

Exceptional opportunity to acquire a stable, income-producing Family Dollar property located in the growing community of Dumas, TX. This freestanding retail building offers long-term security and consistent returns from a nationally recognized tenant. Tenant: Family Dollar Lease Term Remaining: 4 years, 2 months One (1) automatic 5-year extension option One (1) additional 5-year option upon mutual agreement Net Operating Income (NOI): $70,844 annually Lease Type: Double Net Plus 6% Capitalization Rate Strategically situated on a highly visible thoroughfare in Dumas, this property benefits from strong traffic counts and excellent accessibility. Family Dollar has demonstrated long-term commitment to this location. Ideal choice for investors!

More Information MLS# 25-9253

Contract Information

L/A Supervisor: Jayme Clark Supervisor's Phone #: 806-884-8769 L/A Supervisor License Number: 0601150 Exchange For: cash Directions: From Dumas Avenue in Dumas, go east on S. 1st Street. 624 S. 1st Street will be on your left just before Maddox Avenue.

Property Information

To Be Auctioned: No Zone: 5000 - All areas in the 5000's Photos are Virtually Staged: No Realtor.COM Type: Commercial Lot Size Dimensions: 130 x 160 Lot Size Square Feet: 20800 Type: Retail Square Foot Source: Appraisal District List Price Per Sq. Ft.: 142.86 Current Price: $999,999 List Price: $999,999 Area: 5010 - Dumas Status: Active Total SqFt. (+/-): 7000 Year Built: 1996

Taxes and Legal Information

City: Dumas Legal: E/130' BLK E MILLER Common Name: Family Dollar House #: 624 Street Direction Pfx: E Street Name: 1st Street Sfx: Street State/Province: TX Postal Code: 79029 County: Moore

Type of Business

Other Business: Family Dollar

Road Frontage

All Weather: 1 City: 1 State Highway: 1

Commercial Zoning

Light Commercial: 1

Income/Expense

Gross Income: 71744 Net Operating Income: 70844

Construction

Brick Veneer: 1 Frame: 1

Rent Escalation

% Rent: 1 Base Figure: 1

Parking

Parking Lot: 1 Paved: 1

A/C

Central Air: 1

Utilities Available

City Sewer: 1 Electric: 1

Property Features

Commercial Zoning: Light Commercial Rent Escalation: % Rent; Base Figure Construction: Brick Veneer; Frame Parking: Parking Lot; Paved Road Frontage: All Weather; State Highway Utilities Available: City Sewer; Electric
Listing Office: Berkshire Hathaway HomeServices Premier Properties
Listing Agent: Danny Allison
Last Updated: December - 04 - 2025
Information deemed reliable but not guaranteed.

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