Whataburger | Mineral Wells, TX
8+ Yr. Remaining | Corporate | 10% Increases | Neighboring Tractor Supply Co. Anchored Center
Marketing description
Introducing an enticing investment opportunity at 2503 E Hubbard Street in Mineral Wells, Texas. This single-tenant Absolute NNN property boasts over 8 years remaining on the lease, with scheduled rental increases and options to extend. With a net operating income of $214,408 and a solid cap rate of 5.50%, this property offers a lucrative opportunity. Situated near a Tractor Supply Co. anchored center and surrounded by prominent retailers like Walmart, Taco Bell, and Starbucks, the property enjoys high visibility on E Hubbard St, a bustling retail thoroughfare with strong commuter traffic. The area benefits from a dense retail corridor, making it an attractive location for investors seeking stable returns. With Whataburger Restaurants, LLC as the corporate tenant responsible for all expenses, this fee simple ownership property is ideal for passive investors looking for a hands-off opportunity.
Investment highlights
8+ Years Remaining | Options To Extend | Scheduled Rental Increases
Absolute NNN | Fee Simple Ownership
Near Tractor Supply Co. Anchored Center | Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
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