Dollar Tree Plaza

Price: $6,526,000
Sq. Ft.: 30,800
Cap Rate: 6.0%
Built: 2013

Marcus & Millichap is pleased to offer the opportunity to acquire a 30,800-square-foot, Walmart shadow-anchored, multi-tenant retail center located in Victoria, Texas. Dollar Tree Plaza is currently 95 percent occupied, and all leases are triple-net. The tenant base is a complementary mix of internet-resistant, service-oriented businesses, including Dollar Tree, Anytime Fitness, The Cash Store, Metro PCS, Nail Spa, Freeway Insurance, American Shaman CBD, and Domino’s. Constructed in 2013, the property consists of two buildings that are situated on a 3.36-acre parcel with ample concrete parking.

  • 30,800-Square-Foot, Multi-Tenant Retail Center | Shadow-Anchored by Walmart
  • 95% Occupied | All Leases are Triple-Net
  • Anchored by Dollar Tree | Tenant Base is a Complementary Mix of National and Local Internet-Resistant, Service-Oriented Businesses
  • Comprised of Two Buildings Situated on a Large 3.36-Acre Lot with Ample Concrete Parking
  • Located on Houston Highway | Traffic Counts in Front of the Property Exceed 17,190 Vehicles per Day
  • Close Proximity to Numerous National and Regional Retailers Including Whataburger, T-Mobile, Discount Tire, Sonic, Chick-Fil-A, Wendy’s, Popeyes, Walgreens, Smoothie King, and Many More
  • University of Houston-Victoria’s Main Campus is Located less than One Mile from the Subject Property | Student Enrollment is Approximately 4,350 Students
  • The Population within a Five-Mile Radius is 64,226 with an Average Household Income of $73,395