Log In/Sign Up
Your email has been sent.
POPEYES w/ DR-THRU | 20YR ABSOLUTE NET GROUND 2501 E Hubbard St 2,400 SF Retail Building Mineral Wells, TX 76067 $2,836,364 ($1,181.82/SF) 5.50% Cap Rate
Investment Highlights
- 20 Year Absolute Net Ground Sale Leaseback Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term & Options.
- Mineral Wells sits just 40 Miles from Fort Worth, & benefits from Proximity to the Dallas Fort Worth MSA, which has been dubbed the “Silicon Prairie".
- The Site is Located near the City’s Industrial Hub - Surrounded by Numerous Light Industrial, Manufacturing Plants and Distribution Centers.
- Positioned Along Area’s Major Retail & Traffic Corridor - Features Easy Access & Excellent Visibility along E Hubbard St / Hwy 180.
- In Close Proximity to Numerous National Retailers Including Walmart Supercenter, Tractor Supply, Harbor Freight, CVS Pharmacy, Walgreens, and more.
- Minutes from Fort Wolters - Formerly a United States Military Installation now used as an Industrial Park, and a Training Center for the Texas Army.
Executive Summary
20 Year Absolute Net Ground Sale Leaseback | Brand New 2024 Construction | Along Highway-180 - Main Thoroughfare through Mineral Wells | Walking Distance from Shopping Center | Minutes from Industrial Park, Airport and Numerous Schools
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
B
Year Built
2024
Price
$2,836,364
Price Per SF
$1,181.82
Cap Rate
5.50%
NOI
$156,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.67 AC
Opportunity Zone
Yes
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Popeyes
- Retailer
- 2,400 SF
- -
- Triple Net
- Dec 2044
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Popeyes | Retailer | 2,400 SF | - | Triple Net | Dec 2044 |
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5437 | Improvements Assessment | $420,330 |
| Land Assessment | $263,060 | Total Assessment | $683,390 |
Property Taxes
Parcel Number
5437
Land Assessment
$263,060
Improvements Assessment
$420,330
Total Assessment
$683,390
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
POPEYES w/ DR-THRU | 20YR ABSOLUTE NET GROUND | 2501 E Hubbard St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.