Two-Tenant Retail Strip
For Sale
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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 Market63
Property Features for 931 FM 1821
General Information
Standard status
Active
Size
5,787 SF
Property subtype
RETAIL
Listing Agency:
Monarch Commercial Advisors
(925) 744-5217
Listed By:
Dave Lucas · License #01389761
(415) 269-8969
Source:
Moodyscre
Added: Jul 14
Changed: Sep 11
Last Checked: Sep 13 at 7:29AM
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
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.
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
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Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
164k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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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
