1700 W Dickinson Blvd
Fort Stockton, TX 79735

Matthews Real Estate Investment Services is pleased to offer the opportunity to acquire the fee simple interest in Fort Stockton Retail Center, a 50,820 square-foot multi-tenant shopping center in Fort Stockton, TX, the County Seat of Pecos County. The Property is anchored by a 17,095 square-foot Tractor Supply Co and is 100% occupied by national credit tenants including Dollar Tree, Hibbett Sports, Gordmans (Bealls), and Cricket Wireless. Walmart Supercenter originally operated at the Property’s location for over 20 years before relocating in 2011 less than a mile to the west. Over 80% of the Property’s current GLA has operated at the center since it was re-developed in 2012. The Property also features a vacant padsite next to Dollar Tree which can accommodate up to another 9,400 square-feet of retail which creates potential upside for a potential investor by boosting overall returns. The seller has already had preliminary interest from another national retailer. At the offering price of $81 per square foot, the property is being offered well below replacement cost. Located down the street from the only Walmart Supercenter in a 50 mile radius, and within the heart of Pecos County’s retail corridor, the Property benefits from additional surrounding retailers including Ace Hardware, Advance Auto Parts, Sonic, AutoZone, McDonalds, Taco Bell, and multiple national hotel chains with more than 1,000 rooms. Fort Stockton is located in the heart of the petroleum-rich Permian Basin which produces more than 3.9 million barrels of oil per day (more than 30% of the country’s crude oil supply) and projections show that production could exceed 5 million barrels a day by 2023