624 E 1ST Street, Dumas, TX 79029-3216 (MLS# 26-8038)

624 E 1ST Street, Dumas, TX 79029-3216

$915,000

Property Type: Commercial Square Footage: 41,952 Lot Size (sq. ft.): 20,800 Status: Active

Current Price: $915,000 Last Modified: 10/09/2026

Overview

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: 3 years 2 months. One (1) automatic 5 year option extension. One (1) additional 5 year option upon mutual agreement. Net Operating Income (NOI): $70,844annually. Lease Type: Double Net+ 7.74 Capitalization rate Strategically situated on a highly visible throroughfare 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!!

Listing Details MLS# 26-8038

Property Information

To Be Auctioned: No
Zone: 5000 - All areas in the 5000's
Area: 5010 - Dumas
Realtor.COM Type: Commercial
Type: Retail
Total SqFt. (+/-): 41952
Square Foot Source: Appraisal District
List Price Per Sq. Ft.: 21.81
Year Built: 1996
Lot Size Dimensions: 62 X 104
Lot Size Square Feet: 20800
Photos are Virtually Staged: No

Taxes and Legal Information

House #: 624
Street Direction Pfx: E
Street Name: 1ST
Street Sfx: Street
State/Province: TX
Postal Code: 79029-3216
County: Moore
Legal: E/130' BLK E MILLER
Common Name: Family Dollar
City: Dumas

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 Ave in Dumas, go east on S. 1st Street. 624 E 1st Street will be on your left just before the next red light.

Type of Business

Other Business: Family Dollar

Road Frontage

All Weather: Yes
City: Yes
State Highway: Yes

Commercial Zoning

Light Commercial: Yes

More Information

Income/Expense

Gross Income: 71744
Net Operating Income: 70844

Construction

Brick Veneer: Yes
Frame: Yes

Rent Escalation

% Rent: Yes
Base Figure: Yes

Parking

Parking Lot: Yes
Paved: Yes

A/C

Central Air: Yes

Utilities Available

City Sewer: Yes
Electric: Yes

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: October - 09 - 2026

Information deemed reliable but not guaranteed.