Dumas Corners Strip Center

Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire the property at 2025 S Dumas Ave (the “Property” or the “Asset”), a 84% leased, 9,111 square foot retail asset in Dumas, TX. The tenant roster features a strong mix of national and local tenants, including T-Mobile and Verizon with a considerable portion of the rent roll backed by the U.S. Government. The Property is grocery shadow anchored by Walmart, the only location in a 30-mile radius that draws from a 60-mile trade area. Located off Highway 87, Dumas Corners captures exposure to 19,137 vehicles per day for maximum tenant visibility and customer accessibility.

The Asset provides a unique investment opportunity to acquire an asset within the Texas Panhandle with immediate value-add opportunity, 3.6 Years of WALT and a strong 5-year CAGR of 5.61%.