Dollar Tree Center — Sale in Center, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Center, TX 75935
- Year built: 1984
Photos
Investment Figures
- Cap rate
- 7.75%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
National Tenant Lineup & NNN Lease Structure • Anchored by Dollar Tree and Anytime Fitness, two nationally recognized brands occupying approximately 69% of the center’s GLA. • Dollar Tree occupies 10,280 SF with a lease extending through January 2032, while Anytime Fitness occupies 10,277 SF through December 2030. • All three tenants operate under NNN leases, providing expense reimbursements and reducing landlord operating exposure. Strategic US 96 Retail Corridor Location • Positioned along Tenaha Street/US 96, a key north-south commercial corridor serving Center and the surrounding Shelby County trade area. • Approximately 8,559 vehicles per day along US 96 provide strong daily exposure and convenient regional access. • Surrounded by established retailers and traffic generators including Walmart, CVS Pharmacy, Bealls, Super 8 and Goodwill, reinforcing the property’s position within Center’s primary retail node. Established Regional Trade Area • Located in Center, the county seat of Shelby County, positioning the property within an important commercial and service hub for the surrounding region. • Strong daytime population of approximately 11,500 people within five miles supports demand from local employees in addition to area residents. • Nearby employers include Portacool, High Roller Group, Nexion Health, Panola College and Walmart, contributing to a diversified local employment base. Investment Highlights: • 29,621 SF neighborhood retail center situated on approximately 2.80 acres in Center, Texas. • 100% occupied across three tenants, providing immediate and diversified in-place cash flow. • Fully leased NNN structure provides expense reimbursements and limits landlord operating exposure.
Market Context
This retail in Center, TX is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1984. Compare it against other retail listings for sale in Center, TX — view the full market.
Contact
- Justin Miller · (713) 452-4287 · justin.miller@marcusmillichap.com
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