- For Sale $3,575,000
- Property Type Retail
- Property Size 3,142 SF
- Lot Size 0.67 Acre
- Cap Rate % 6
- NOI / YR $214,408.00
- Date Updated Sep 9, 2026
- Visibility/Traffic Count (VPD) 20,600
Description
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
Location
The subject property is located less than 1 mile from a Tractor Supply Co. anchored center that features other national/credit retailers such as Harbor Freight, Anytime Fitness, Boot Barn, McDonald’s, and Benjamin Moore
The asset is located on E Hubbard St (20,600 VPD), a major retail and commuter thoroughfare serving Mineral Wells
The site is located approximately 1 mile from Mineral Wells High School which has a student population of over 900
In the center of a dense retail corridor with other retailers including Walmart, Atwoods, Taco Bell, Starbucks, 7 Brew, CVS, Chili’s, and many others
Strong tenant synergy promotes crossover shopping to the subject property
False
Contacts
SRS Real Estate Partners
SRS Real Estate Partners
SRS Real Estate Partners
SRS Real Estate Partners
