Dollar Tree Plaza

Price: $4,769,000
Sq. Ft.: 28,000
Cap Rate: 6.0%
Pro Forma Cap Rate: 8.7%
Built: 2011

Marcus & Millichap is pleased to offer the opportunity to acquire a 28,000-square-foot, Walmart shadow-anchored, multi-tenant retail center located in Crosby, Texas. Dollar Tree Plaza is currently 82 percent occupied, providing upside potential to a future investor by leasing the vacancies. All leases are triple-net. The tenant base is a complementary mix of internet-resistant, service-oriented businesses, including Dollar Tree Store, Rachel’s Diner, A Plus Nails, Sally Beauty Supply, The Cash Store, and Crosby Family Dental. Constructed in 2011, the property consists of two buildings that are situated on a 3.08-acre parcel with ample concrete parking.

  • 28,000-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter
  • 82% Occupied | All Leases are Triple-Net | Upside Potential in Leasing Remaining Vacancies
  • Anchored by Dollar Tree | Publicly Traded Company (NASDAQ: DLTR)
  • Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses
  • Comprised of Two Buildings Situated on a Large 3.08-Acre Lot with Ample Concrete Parking
  • Located on FM 2100 | Traffic Counts in Front of the Property Exceed 19,544 Vehicles per Day
  • Close Proximity to Numerous National and Regional Retailers Including AutoZone, Walgreens, Whataburger, Wendy’s, Applebee’s, Wingstop, Great Clips, GameStop, Domino’s Pizza, Popeye’s, Goodwill, Advance Auto Parts, Sonic Drive-In, UPS Store, Leslie’s Pool Supply, ALDI, and Many More
  • City of Crosby is 24 Miles Southwest of Downtown Houston