2933 W Expressway 83 | Mission, TX 78572
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- LoopNet Team
2933 W Expressway 83
Mission, TX 78572
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year NNN lease commenced in August 2023, allowing ownership to capitalize on the entire lease term
- Wendy’s reaches a potential customer base of more than 130,000 people living within a 5-mile radius, as the closest Wendy’s is located 6.5 miles away
- Completed in July 2023, the Property provides investors with the opportunity to acquire a Class A asset with low capital expenditures moving forward
- Contractual rent increases of 10% every five years during the initial term, and in each of the (4) 5-year options
- Located on a hard corner at the signalized intersection of Interstate 2 and La Homa Road, Wendy's has direct access and exposure to nearly 83,000 VPD
- Fifth largest MSA in Texas | Metro population of 888,370 in 2022
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.07 AC
Frontage
185’ on West Expressway 83
AMENITIES
- Drive Thru
1 of 1
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