Log In/Sign Up
Your email has been sent.
Whataburger 2503 E Hubbard St 3,142 SF Retail Building Mineral Wells, TX 76067 $5,254,082 CAD ($1,672.21 CAD/SF) 5.50% Cap Rate
Investment Highlights
- 8+ Years Remaining | Options To Extend | Scheduled Rental Increases
- Near Tractor Supply Co. Anchored Center | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Corporate signed lease by Whataburger Restaurants, LLC
• Over 8 years remaining with 3 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation
• Over 8 years remaining with 3 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,142 SF
Building Class
C
Year Built
1989
Price
$5,254,082 CAD
Price Per SF
$1,672.21 CAD
Cap Rate
5.50%
NOI
$289,221 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.67 AC
Opportunity Zone
Yes
Parking
34 Spaces (10.82 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5436 | Improvements Assessment | $777,672 CAD |
| Land Assessment | $354,850 CAD | Total Assessment | $1,132,521 CAD |
Property Taxes
Parcel Number
5436
Land Assessment
$354,850 CAD
Improvements Assessment
$777,672 CAD
Total Assessment
$1,132,521 CAD
Contacts
-
Patrick Luther -
Matthew Mousavi -
Patrick Nutt -
Webb Sellers -
SRS National Net Lease
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Whataburger | 2503 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.