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2-Tenant Texas Family Dollar & Dollar Tree – Separate Leases
405 South Main St, Monahans, TX
Property Information
Price Summary
$ 2,376,685
Cap Rate
7.75 %
NOI
$ 184,193
Total Lot Size
0.56 Acres
Building Size
19,267 SF
Property Highlights
- Dollar Tree and Family Dollar – 6 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
- 2-Tenant Texas Family Dollar & Dollar Tree – Separate Leases
- 405 South Main St, Monahans, TX 79756
Point of Contact
Eric Kelley
Director
Cody Crist
Partner/Director
Chance Hales
Partner
Branson Blackburn
Managing Partner
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