2-Tenant Texas Family Dollar & Dollar Tree – Separate Leases
Retail | 7.75% CAP | 19,267 SF
Marketing description
Trinity 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.
Property Website: https://trinityreis.com/listing/405-south-main-st/
Investment 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
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