WINGSTOP RETAIL CENTER – ANDREWS, TX 1308 N Main St 4 200 pi² Commerce de détail Immeuble Andrews, TX 79714 1 730 941 $ CAD (412,13 $ CAD/pi²) 7,25% Taux de capitalisation

The Wingstop Retail Center presents investors with a rare opportunity to acquire a modern, income-producing retail asset in the heart of Andrews, Texas, a thriving West Texas market driven by oil & gas, healthcare, and education. This ±4,200 square foot, two-tenant retail strip was constructed in 2020 and sits on ±0.36 acres along US-385/N Main Street, one of the city’s most heavily trafficked corridors with over 15,000 vehicles per day.
The center is anchored by Wingstop, a nationally recognized QSR brand with strong sales performance and loyal customer base. The secondary tenant, Galactic Smoke, provides further income diversification with consistent tenant history. Together, they generate a net operating income (NOI) of $89,758, reflecting a 7.25% capitalization rate on the $1,240,000 asking price.
Strategically located near major employers, schools, and retail drivers, the property benefits from consistent foot traffic and strong local demand. It's within a 3-minute drive of Permian Regional Medical Center, and near Clearfork Elementary and Andrews Middle School, serving a combined 1,600+ students. The surrounding area features national retailers such as Dollar Tree, AT&T, Hibbett Sports, Domino’s, McDonald’s, Pizza Hut, and O’Reilly Auto Parts, reinforcing the strength and stability of this retail node.
With a 2024 average household income of $131,824 within a 1-mile radius, the center is well-positioned for continued tenant success and long-term rental growth. Located in income tax-free Texas, this asset provides a turnkey, low-maintenance investment with reliable cash flow and upside potential in an under-supplied retail market.