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Executive Summary

Subway has operated at the property since 2000, demonstrating long-term location viability; the franchisee operates eight (8) Subway locations across the Texas Panhandle.
Mexico Mart is one of only eight Latino-centered grocery stores in the entire Panhandle, serving a loyal and underserved customer base in Dalhart with strong daily-needs demand.
Absolute NNN leases on both tenants with zero landlord responsibility for taxes, insurance, maintenance, or capital expenditures.
Low rent basis and attractive price point, providing strong yield potential and an accessible entry opportunity for private capital.
Hard-corner location at a primary in-town intersection with excellent visibility and site functionality.
Highly accessible site with immediate access off a major highway, ideal for quick-service food and daily-needs retail.
Dalhart’s economy is anchored by cattle feedlots, dairies, and grain production, providing a stable employment base and consistent demand for essential retail.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,874 SF
Building Class
C
Year Built
1993
Price
$675,000
Price Per SF
$174.24
Cap Rate
7.47%
NOI
$50,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.67 AC
Frontage
116’ on Liberal St

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Subway began in 1965 when Fred DeLuca opened Pete's Super Submarines in Bridgeport, Connecticut with financing help from Peter Buck. The company pioneered the fast-casual restaurant model focused on customizable submarine sandwiches. After expanding through franchising since 1974, it now maintains dual headquarters in Connecticut and Florida while operating thousands of locations worldwide. The menu features made-to-order subs, wraps, salads and baked goods with fresh ingredients. Though now a global brand, its Connecticut roots remain central to the company's identity.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -

Property Taxes

Property Taxes

Parcel Number
000000011440
Land Assessment
$40,600
Improvements Assessment
$285,620
Total Assessment
$326,220
  • Listing ID: 39289887

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: 216 Liberal St, Dalhart, TX 79022

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