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405 E State Road 114
Levelland, TX 79336
Retail Property For Sale
Investment Highlights
- Walmart Supercenter Outparcel — Hard-corner pad directly fronting one of West Texas's strongest retail anchors
- 10,000–15,000 AADT along Levelland's primary east–west artery, delivering maximum exposure and easy ingress/egress.
- Fully equipped restaurant building (built 2006) on 0.66 acres with 27 surface spaces (10/1,000 ratio)
- Possession available January 31, 2027, offering an owner-user, franchisee, or investor the chance to secure a proven QSR location
Executive Summary
Rare opportunity to acquire or lease a fully equipped, 2,350 SF freestanding quick-service restaurant on a prime Walmart Supercenter outparcel at 405 Texas 114 in Levelland. Positioned on a 0.66-acre hard corner with drive-thru, ample parking, and direct frontage on Highway 114 (10,000–15,000 AADT), the site sits within Levelland's busiest retail node alongside national and regional brands. With possession available January 31, 2027 and flexible sale or lease terms, this location is ideally suited for a national QSR franchisee, regional restaurant operator, or owner-user seeking turnkey infrastructure in a proven trade area anchored by Walmart and supported by ~13,900 residents within five miles.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,350 SF
Building Class
C
Year Built
2006
Price
$1,200,000
Price Per SF
$510.64
Cap Rate
9.76%
NOI
$117,120
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC
Zoning
F1
Parking
27 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Signage
- Drive Thru
Property Taxes
| Parcel Number | R61224 | Improvements Assessment | $181,290 |
| Land Assessment | $90,970 | Total Assessment | $272,260 |
Property Taxes
Parcel Number
R61224
Land Assessment
$90,970
Improvements Assessment
$181,290
Total Assessment
$272,260
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