3300 E Main St | Alice, TX 78332
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- LoopNet Team
3300 E Main St
Alice, TX 78332
IHOP | Large TX Operator | Adj Walmart · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net Lease - No Landlord Responsibilities
- Long-term lease with multiple renewal options to extend lease term and historical occupancy
- Famous King Ranch: 20 miles south of subject property
- 10% rental increases every 5 years | Large 1.22 acre parcel
- Adjacent to Walmart Supercenter-anchored center
- Naval Air Station Kingsville: 23 miles south of subject property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,322 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.22 AC
Zoning
Commercial
Parking
84 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
223’ on Texas 44
PROPERTY TAXES
| Parcel Number | 11772-001-000-00 | Improvements Assessment | $664,518 |
| Land Assessment | $568,630 | Total Assessment | $1,233,148 |
PROPERTY TAXES
Parcel Number
11772-001-000-00
Land Assessment
$568,630
Improvements Assessment
$664,518
Total Assessment
$1,233,148
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