Property profile

1259 E St Monahans, TX 79756

OFF-MARKET
Lifestyle centers
7,875 SF 1.19 ac lot Built 2022
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Property summary

AI-generated overview

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

Verified
Property type Lifestyle centers
Year built 2022
Total area 7,875 SF
Lot 1.19 ac (51,836 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1259 E St Monahans, TX 79756
Monahans metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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