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33421312
33421305

405 Texas 114 Business, Levelland, TX 79336

AL
TX TX 664432-B
Texas Triangle Commercial Real Estate
Listed by Texas Triangle Commercial Real Estate
$1,171,200
1 day on market
Updated 1 day ago

405 Texas 114 Business

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,350
Net Rentable (SqFt) 2,350
Cap Rate 10%
NOI $117,120
Tenancy Single
Brand/Tenant Taco Bell
Lease Type Absolute NNN
Lease Expiration 01/31/2027
Remaining Term 0.6
Rent Bumps No
Year Built 2006
Acreage 0.660
Zoning Commercial
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No

About This Property

Marketing description

Walmart Supercenter Outparcel — Hard-corner pad directly fronting one of West Texas's strongest retail anchors, sharing traffic with Whataburger, Wendy's, Sonic, Domino's, Pizza Hut, and Slim Chickens in Levelland's dominant commercial corridor.

Turnkey 2,350 SF QSR with Drive-Thru — Fully equipped restaurant building (built 2006) on 0.66 acres with 27 surface spaces (10/1,000 ratio); drive-thru infrastructure already in place for a fast, low-capex re-opening.

High-Visibility Hwy 114 Frontage — 10,000–15,000 AADT along Levelland's primary east–west artery, delivering maximum exposure and easy ingress/egress.

For Sale or For Lease — Flexible Terms — Possession available January 31, 2027, offering an owner-user, franchisee, or investor the chance to secure a proven QSR location with negotiable, deal-friendly terms.

Strong Trade Area & Captive Demand — ~13,900 residents within 5 miles, median household income ~$62,000, plus steady daytime traffic from South Plains College and the adjacent Walmart shopping base; Lubbock metro just 30 miles east.

Investment highlights

Rare opportunity to acquire or lease a fully equipped, 2,350 SF freestanding quick-service restaurant on a prime Walmart Supercenter outparcel at 405 Texas 114 in Levelland. Positioned on a 0.66-acre hard corner with drive-thru, ample parking, and direct frontage on Highway 114 (10,000–15,000 AADT), the site sits within Levelland's busiest retail node alongside national and regional brands. With possession available January 31, 2027 and flexible sale or lease terms, this location is ideally suited for a national QSR franchisee, regional restaurant operator, or owner-user seeking turnkey infrastructure in a proven trade area anchored by Walmart and supported by ~13,900 residents within five miles.

Listing Contacts

AL
TX TX 664432-B
Texas Triangle Commercial Real Estate
Listed by Texas Triangle Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$117,120.00
$9,760.00/mo

Valuation Metrics

0
DSCR
10%
Cap Rate
10%
ROI

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Additional Information

Name
Anthony Lagred
License
TX 664432-B
Brokerage
Texas Triangle Commercial Real Estate
Brokerage Phone
2102168925
Title
Brokerage
Brokerage Address
111 Heartleaf Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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