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Lead Agents

Dave Lucas

(925) 744-5217

dave@monarchcommercial.com

CA DRE #01389761

NV RED #10011411

Matt Nega

(925) 430-5787

matt@monarchcommercial.com

CA DRE #02176879

Scott Reid

(949) 942-6585

scott@parasellinc.com

TX LIC #739436

Mineral Plaza

Mineral Wells, Texas

Price:

$2,107,000

Cap Rate:

6.33%

NOI:

$133,299

Built:

2017

Building Size (SF):

5,787 SF

Lot Size (Acres):

1.27

Mineral Plaza is a fully leased two-tenant strip center positioned next to the region’s only Walmart Supercenter, generating over 2.9M annual visits. Located along Highway 180 (~19,000 VPD) in the primary retail corridor, the property benefits from strong visibility, national co-tenancy, and consistent consumer flow. With service-oriented tenants on new 10-year leases, this is a clean, necessity-based retail play in a growing North Texas market just outside the DFW Metroplex.

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