Dollar Tree Plaza

Price: $3,330,433
Sq. Ft.: 15,300
Cap Rate: 6.0%
Built: 2016

Dollar Tree Plaza is a 15,300-square-foot, multi-tenant retail center located in Elsa, Texas. The center is currently 100 percent leased, and all leases are triple-net. The center enjoys a strong tenant base of national tenants, including Dollar Tree, Cricket Wireless, and NAPA Auto Parts. Constructed in 2016, the subject property is situated on two parcels of land totaling 1.3 acres with ample concrete parking.

  • 15,300-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart
  • 100% Occupied | All Leases are Triple-Net
  • Strong Tenant Base | 100% National Tenants | Dollar Tree is Publicly Traded (NASDAQ: DLTR) | Cricket Wireless is a Wholly Owned Subsidiary of AT&T (NYSE: T) | NAPA Auto Parts is Operated by Genuine Parts Company (NYSE: GPC)
  • Building is Newer (2016) Construction | Situated on Two Parcels Totaling 1.30 Acres
  • Large Pylon Sign Provides Additional Exposure to the Center
  • Signalized, Hard Corner Location at the Intersection of FM 88 (South Broadway Street) and Mile 16 North | Cumulative Traffic Counts are Approximately 13,785 Vehicles per Day
  • The City of Elsa is Located in South Texas | Part of the McAllen–Edinburg–Mission and Reynosa–McAllen Metropolitan Areas, Serving a Population of more than 1.5 Million People