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Investment Highlights

  • 2,896-Square-Foot Drive-Thru Built in 2017 on 0.76-Acre Lot
  • Priced Below Replacement Cost at $517 Per SF
  • 1.5 Miles From Tarleton State University with 21,000 Students
  • Frontage Access on U.S. Highway 377 with Over 27,084 VPD
  • Near Walmart Super Center with 2.7 Million Annual Visits, Ranked Top 20% Store Nationwide

Executive Summary

Paine Restaurant Group at Marcus & Millichap is pleased to present the exceptional retail investment opportunity located at 3011 W Washington Street in Stephenville, Texas. Positioned along U.S. Highway 377, one of the city's most heavily traveled commercial corridors, this modern retail property was constructed in 2017 and offers approximately 2,896 square feet of well-designed interior space. The building features a highly functional single-story layout with a convenient drive-thru window and a spacious concrete parking lot, creating an ideal setting for a variety of retail and restaurant users. Strategically located on the west side of Stephenville directly across from Sonic, the property enjoys outstanding exposure and benefits from the established customer draw created by nearby national retailers.
The surrounding area continues to experience significant residential and commercial expansion, including a planned apartment development across the street that is expected to further increase customer traffic and long-term demand. As Stephenville's primary commercial corridor, U.S. Highway 377 connects the city to surrounding regional markets while capturing visitors associated with Tarleton State University and neighboring communities. Combined with its flexible layout, excellent accessibility, and location within one of Stephenville's fastest-growing commercial corridors, this property offers investors a compelling opportunity for stable occupancy and long-term value appreciation.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,072 SF
Building Class
C
Year Built
2017
Price
$1,500,000
Price Per SF
$488.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.76 AC
Zoning
Commercial - Commercial
Parking
25 Spaces (8.14 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Burger King began in 1954 as a fast-food hamburger chain and built its identity around flame-grilled burgers and the Whopper sandwich. The business grew through franchising and expanded from its early U.S. roots into a widely recognized quick-service restaurant brand. Burger King offers a broad menu that includes burgers, chicken items, breakfast foods, sides, desserts, and beverages. The company remains focused on affordable, convenient dining within the global fast-food market.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Planet Fitness
Taco Casa
Rent-A-Center
McAlister's Deli
Chili's Grill & Bar
Grand Rental Station
Starbucks
First Convenience Bank
7 Brew Coffee
HOTWORX

Property Taxes

Property Taxes

Parcel Number
R000076141
Land Assessment
$265,190
Improvements Assessment
$1,200,450
Total Assessment
$1,465,640
  • Listing ID: 41810060

  • Date on Market: 8/19/2026

  • Last Updated:

  • Address: 3030 W Washington St, Stephenville, TX 76401

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