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Morton's Travel Stop & Whataburger 1603 N Texana St 7,000 SF 100% Leased Retail Building Hallettsville, TX 77964 $6,528,000 ($932.57/SF) 6.25% Cap Rate
Investment Highlights
- Newly Remodeled Morton’s Travel Stop and Whataburger Offering | 10 Years Remaining | Options To Extend | Scheduled Rental Increases
- Strong Co-Tenancy | High Visibility Interstate Corridor | Excellent Frontage Visibility
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strategic Location | Large Oversized Lot
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
2015
Price
$6,528,000
Price Per SF
$932.57
Cap Rate
6.25%
NOI
$408,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
7.01 AC
Zoning
PCT1
Frontage
393’ on N Texana St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Morton's Travel Stop
- Retailer
- 4,425 SF
- -
- Jan 2036
- Whataburger
- Retailer
- 2,575 SF
- -
- Nov 2034
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Morton's Travel Stop | Retailer | 4,425 SF | - | Jan 2036 | ||
| Whataburger | Retailer | 2,575 SF | - | Nov 2034 |
Property Taxes
| Parcel Number | R26573 | Improvements Assessment | $2,284,764 |
| Land Assessment | $221,761 | Total Assessment | $2,506,525 |
Property Taxes
Parcel Number
R26573
Land Assessment
$221,761
Improvements Assessment
$2,284,764
Total Assessment
$2,506,525
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Photos
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Morton's Travel Stop & Whataburger | 1603 N Texana St
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