801 Main StAndrews, TX 79714

For Sale
$3,200,000
Andrews, TX: Multi-tenant retail & medical complex.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity in Andrews, Texas, presents a thriving, multi-tenant commercial property ideally situated on approximately 2.95 acres along Highway 385. The property comprises two Class A, single-story buildings totaling 40,000 square feet, currently boasting 95% occupancy. The diverse tenant mix includes a Subway, medical offices (Vital Care, Home Hospice, Neighborhood RX), a Texas state office, retail spaces, and a coffee shop, among others. The 14 tenants benefit from a strong referral network and the property's prime location adjacent to the US Post Office and various restaurants. Building 1 offers roughly 25,000 rentable square feet, while Building 2 provides approximately 16,500 rentable square feet. Extensive surface parking is available, and the property features two pylon signs, one with digital capabilities. The asking price is $3,200,000, translating to $80 per square foot. The property is zoned TIRZ3 and offers a modified lease type, making it an attractive owner/user investment with stable, long-term revenue potential. This mixed-use property includes medical office, pharmacy/drug, and shopping center subtypes, providing a diversified income stream.

Highlights

  • Excellent location with high visibility.
  • Strong tenant roster featuring long-term leases.
  • Diverse tenant mix including medical, retail, and office users.
  • Convenient access to public transportation (Subway).
  • Proximity to supporting businesses such as a pharmacy and home hospice.
  • Anchored by Texas Department of Human Services.

Property Details for 801 Main St

Property type
Lifestyle centers, Power centers
Square Feet
40,000 SF
Class
A
Buildings
2
Stories
1
Lot Size (sq. ft)
128,502 SF

Location Insight

City
Andrews
County
Andrews
State
Texas
Latitude
32.326799959517
Longitude
-102.54906838514
801 Main St, Andrews, Texas

FAQs

What type of property is this?
Lifestyle center - Andrews, TX: Multi-tenant retail & medical complex.
Where is the lifestyle center located?
The property is located at 801 Main St Andrews, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Excellent location with high visibility.; Strong tenant roster featuring long-term leases.; Diverse tenant mix including medical, retail, and office users.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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801 Main St
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