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Lead Agents

Dave Lucas

(925) 744-5217

dave@monarchcommercial.com

CA DRE# 01389761

NV RED# 10011411

Scott Reid

(949) 942-6585

scott@parasellinc.com

TX Lic #9009637

Mineral Wells, TX

Recently Closed: Baker Plaza

Price:

$1,337,000

Cap Rate:

6.45%

NOI:

$86,240

Built:

2020

Building Size (SF):

2020

Lot Size (Acres):

0.22

This stable investment with defendable rents is occupied by credited brand-name tenants, Little Caesars and T-Mobile. The highly visible location is surrounded by other national brands, including a brand new Brookshires grocery store and Allsup's gas station. Mineral Wells, dubbed the “Wellness Capital of Texas”, is easily accessible from nearby Dallas and Fort Worth.

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