Property summary
Exceptional investment opportunity in Monahans, Texas. Sandhills Plaza, a 7,875 square foot shopping center, is situated on a 1.19-acre lot at 1259 E I-20, 79756. Built in 2022, this single-story, commercially zoned property offers a diverse tenant mix, including a nationally recognized franchise coffee shop, a popular local Mexican restaurant, and a retail store. Currently operating at 100% occupancy, this net lease investment provides a stable income stream. The property benefits from a high-visibility location along the I-20 corridor, adjacent to the Ward County Community Center and Fairfield Inn by Marriott, and near a new residential development and Ward County Elementary School. The asking price is $2,300,000, translating to $292.06 per square foot. Ample parking is available. Financial details are available upon request. This presents a rare chance to acquire a high-performing retail asset in a growing community. The property's APN is 709834.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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