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Modern Shopping Center Investment Opportunity
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1259 E I-20, Monahans, TX 79756

Recently constructed, fully leased shopping center along Interstate 20.

Property Size7,875 SF
Price / SF$292.06
Days on Market257

Property Features for 1259 E I-20

General Information

Standard status Active
Size 7,875 SF
Property subtype Retail
Zoning Commercial
Occupancy 100%
Investment Type Net Lease

Building Details

Year Built 2022
Stories 1
Listing Agency: The Prichard Group
Listed By: Heather Prichard · License #0486680
Source: Crexi
Added: Dec 10, 2025 Changed: Aug 23 Last Checked: Jul 15 at 7:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Prichard Group

Investment Insights

Based on property information with market context.

Sandhills Plaza is a recently constructed shopping center, built between 2020 and 2021, strategically located along Interstate 20 in Monahans, Texas. The property is fully leased and benefits from its location adjacent to the Ward County Community Center and the Fairfield Inn by Marriott. It is also near new residential developments and the Ward County Elementary School. The shopping center features a diverse tenant mix, including a local Mexican restaurant and a retail tenant. The property is situated in a rapidly growing West Texas market at the heart of the Permian Basin. The location provides prime visibility along Interstate 20. Sandhills Plaza is positioned as an income-generating investment in a community experiencing residential, commercial, and industrial growth. The property offers both stability and long-term appreciation potential.

Key Highlights

  • Fully leased shopping center providing immediate cash flow and minimal management concerns.
  • Prime location with high visibility along Interstate 20 in a rapidly growing West Texas market.
  • Newly constructed (2020‑2022) shopping center in excellent condition.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Allsups Shops & Services
6,664 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
527 visits/mo 0.4 miles

Demographics for 79756, TX

10,318
Population
4,318
Households
2.4
Avg Household Size
35
Median Age
10%
College-Educated
80%
High-School Grad
158.5 sq mi
ZIP Area
65
Density / Sq Mi
$70,924
Median Household Income
$46,511
Median Earnings
$960
Median Rent
$153,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Recently constructed, fully leased shopping center along Interstate 20.
Where is this shopping center located?
The property is located at 1259 E I-20 Monahans, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Fully leased shopping center providing immediate cash flow and minimal management concerns.; Prime location with high visibility along Interstate 20 in a rapidly growing West Texas market.; Newly constructed (2020‑2022) shopping center in excellent condition.
(432) 978-6973 Call to check price and availability
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