Current Use by Public Records
- Lifestyle centers
Property Details for 1259 E St
- Year built
- 2022
- Lot size
- 1.19 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monahans
- County
- Ward
- State
- Texas
- Longitude
- -102.869
- Latitude
- 31.5849
