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657884
8546250

4101 US-180, Mineral Wells, TX 76067 For Sale

ML
TX TX 0587020
Source1 Real Estate
Listed by Source1 Real Estate
$898,000
2804 days on market
Updated 4 days ago

4101 Hwy 180 e

Details
Property Type Office, Retail
Sub Type Executive Office, QSR/Fast Food (+1)
Square Footage 1,925
Net Rentable (SqFt) 1,925
Cap Rate 3.34%
NOI $30,000
Occupancy 100%
Tenancy Single
Lease Type Gross
Price per SqFt $466
Price Per Acre $285,000
Broker Co-Op Yes
Class A
Year Built 2008
Buildings 1
Stories 1
Acreage 0.730
Zoning Commercial
Investment Type Owner/User

RETAIL QSR! Prime Commercial Property with High Highway Visibility in Mineral Wells Growth Corridor

Marketing description

2 Potential income-generating properties on a .7 + acre Corner lot and improvements. Great Hwy 180 E frontage with side street access. Perfect location for Quick Serve Restaurant, office, Auto Dealership. Etc...

Close proximity to Super Walmart/Mcdonalds/CVS/Walgreens/Starbucks/Panda.

Weatherford Side of Mineral Wells

Property Type Retail Sale Conditions Sale

Property Sub- Office No. Stories 1

Zoning C Year Built 2008

Sale Type Investment/Occupant Tenancy Single- Each

City water/sewer Yes APN / Parcel ID 5289&5290

Lot Size 0.716 AC



Investment highlights

  • The subject property is well-positioned at the intersection of US 180 E and NE 40th Street On the Eastern Commercial corridor of Mineral Wells. Surrounded by many major national and local tenants. National brands in the area include Super Walmart, Burger King, Dollar Tree, Taco Bell, AutoZone, Walgreens, Save-a-lot, Jack-in-the-Box, Shell, Tractor Supply Co, McDonald’s, Starbucks, Panda Restaurant, Carwash, and many others. This property is located half a mile from Mineral Wells High School Entrance Est. Students enrolled 3228 (2020-2021). Adjacent to The Relax Inn and a half mile to Best Western Suites

Listing Contacts

ML
TX TX 0587020
Source1 Real Estate
Listed by Source1 Real Estate

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Loan Amount
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Annual Cash Flow
$30,000.00
$2,500.00/mo

Valuation Metrics

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DSCR
3.34%
Cap Rate
3.34%
ROI

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Additional Information

Name
Marty Logan
License
TX 0587020
Brokerage Phone
9403259144
Brokerage Address
4101 U.S. 180
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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