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33644534
33644532

1010 Lamesa Highway, Big Spring, TX 79720

RW
CA 01954360
The Kase Group
KA
TX 708586, GA 381358 (+3)
The Kase Group
The Kase Group
Listed by The Kase Group
$2,685,137
11 days on market
Updated 9 days ago

McAlister's Deli

Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,654
Cap Rate 6.75%
NOI $181,247
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 09/30/2030
Remaining Term 4.3
Rent Bumps Yes
Lease Options Three, 5 Year Options
Year Built 2015
Acreage 0.850
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 10/01/2015
Ground Lease No

15-Year Absolute NNN Lease with 8+ Years Remaining

Marketing description

This is an opportunity to acquire a well-established McAlister's Deli in Big Spring, Texas, backed by a long-term Absolute NNN lease. The lease includes 10% rent increases every five years, along with three additional five-year renewal options. The next rent increase is in September 2029.

The property sits in a strong location along Lamesa Highway, about 0.2 miles from Interstate 20, which sees roughly 18,000 vehicles per day. It's surrounded by nine nearby hotels, including a new Baymont Inn & Suites directly across the street, creating steady demand from travelers and visitors to the area.

The lease is backed by a franchisee guarantee from Southwest Deli Group, one of the largest McAlister's franchise operators with more than 23 locations and a McAlister's Deli Franchisee of the Year award winner in 2012, 2013, and 2014.

The property also benefits from proximity to several major local demand drivers, including Howard College, Scenic Mountain Medical Center, and Big Spring State Hospital, all of which help support consistent daily traffic and long-term economic activity in the area.

Investment highlights

  • 15-Year Absolute NNN Lease with 8+ Years Remaining
  • 10% Rental Increases Every 5 Years
  • Strategic Location at I-20 & US-87 Interchange
  • Excellent Visibility with 18,000 VPD on I-20
  • Recent 2015 Construction with Drive-Thru
  • Minutes from Howard College (4,400 Students)
  • Nearby Scenic Mountain Medical Center (122-Bed Hospital)

Listing Contacts

RW
CA 01954360
The Kase Group
KA
TX 708586, GA 381358 (+3)
The Kase Group
The Kase Group
Listed by The Kase Group

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$181,246.80
$15,103.90/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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