2-Tenant Texas Family Dollar & Dollar Tree – Separate Leases

For Sale

405 South Main St, Monahans, TX 79756

This Monahans property for sale is located at 405 South Main St. The current listed sale price for 2-Tenant Texas Family Dollar & Dollar Tree – Separate Leases is $2,376,685. 2-Tenant Texas Family Dollar & Dollar Tree – Separate Leases is situated on a lot that is 0.56 acre in size.

Contacts

broker

Eric Kelley

Trinity Real Estate Investment Services

(281) 610-5011

Property Details

  • Property Type Retail - Freestanding
  • Property Size 19,267 SF
  • Units 2
  • Lot Size 0.56 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2020
  • Date Updated Apr 17, 2024
tbdTrinity Real Estate Investment Services is pleased to present the opportunity to acquire a 2-Tenant Family Dollar & Dollar Tree in Monahans, TX. The subject property has 2 separate co-terminus leases in a 19,267 square foot building with wall separating the tenants. It has attractive lease structures where tenants pay monthly installments for taxes/insurance/CAM rather than reimbursing at the end of the year. The property is ideally located on corner lot along Monahan's main thoroughfare.

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Highlights

  • Dollar Tree and Family Dollar – 7+ Years Remaining on Current Leases
  • 2 Separate Co-Terminus Leases - 19,267 Square Foot Building With Wall Separating the Tenants
  • Both Leases Have Tenants Fully Responsible for Taxes, Insurance and 100% of All CAM Costs
  • Attractive Lease Structures - Tenants pay Monthly Installments for Taxes/Insurance/CAM Rather Than Reimbursing at end of Year
  • Ideally Located on Corner lot Along Monahan’s Main Thoroughfare
  • Monahans is Located Directly Along I-20 - Just 35 Miles From Odessa and has a Population Around 7,500
  • Strong Local Economy – Located in the Heart of the Permian Basin, Which is Responsible for a Third of US Oil Production

Getting around

  • 64/100

    Walk Score ®

  • 51/100

    Bike Score ®

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Location

  • City Monahans, TX
  • Zip Code 79756

Points of Interest

  • Texaco

    6.47 miles

  • Shell

    6.52 miles

  • Howard's Drive Inn

    0.13 miles

  • Bennigan's

    1.05 miles

  • Subway

    6.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Eric Kelley

Trinity Real Estate Investment Services

(281) 610-5011