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Two-Tenant Retail Strip Center
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931 FM 1821, Mineral Wells, TX 76067

Leased two-tenant strip center with new 10-year leases, shadow anchored by a Walmart Supercenter.

Property Size5,787 SF
Price / SF$364.09
Days on Market113

Property Features for 931 FM 1821

General Information

Standard status Active
Size 5,787 SF
Property subtype RETAIL
Listing Agency: Monarch Commercial Advisors
Listed By: Dave Lucas · License #01389761
Source: Moodyscre
Added: Jul 14 Changed: Oct 26 Last Checked: Nov 1 at 5:20AM

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 Monarch Commercial Advisors

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Investment Insights

Based on property information with market context.

This two-tenant retail strip center totals approximately 5,787 square feet and is currently leased to experienced tenants. The property features new 10-year leases, providing long-term occupancy with established operators in place.

The center is shadow anchored by the region’s only Walmart Supercenter, reported at approximately 2.9 million annual visits, and it sits within the main retail corridor for the surrounding region. The surrounding retail mix includes national tenants, supporting steady day-to-day retail traffic patterns for the area.

Key Highlights

  • Two‑tenant strip center with leases in place with experienced tenants
  • New 10‑year leases executed for both tenants
  • Shadow‑anchored by a Walmart Supercenter with 2.9M annual visits

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Electrical Service Furniture & Home Goods Hair Salon

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

286
Businesses Nearby
164k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Superstores 32% Shops & Services 21% Electronics 1%
Walmart Superstores
51,864 visits/mo 0.2 miles
McDonald's Dining
24,030 visits/mo 0.5 miles
Braum's Ice Cream & Dairy Stores Dining
15,760 visits/mo 0.4 miles
Murphy USA Shops & Services
15,413 visits/mo 0.2 miles
Starbucks Dining
12,949 visits/mo 0.5 miles

Demographics for 76067, TX

20,473
Population
8,660
Households
2.4
Avg Household Size
39
Median Age
13%
College-Educated
84%
High-School Grad
197.6 sq mi
ZIP Area
104
Density / Sq Mi
$59,670
Median Household Income
$35,532
Median Earnings
$1,050
Median Rent
$156,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Strip mall - Leased two-tenant strip center with new 10-year leases, shadow anchored by a Walmart Supercenter.
Where is this strip mall located?
The property is located at 931 FM 1821 Mineral Wells, TX.
What is the asking price?
The asking price for this property is $2,107,000.
What are key features of this property?
This property features: Two‑tenant strip center with leases in place with experienced tenants; New 10‑year leases executed for both tenants; Shadow‑anchored by a Walmart Supercenter with 2.9M annual visits
(415) 269-8969 · Office Call to check price and availability
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