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SUBJECT PROPERTY2

Mineral Wells, TX (DFW)

Price: $1,881,000
Cap Rate: 5.25%
NOI: $98,750
Building Size: Approx. 2,100 Sq. Ft.
Lot Size: Approx. 0.74 Acres
Status: Available
Sub Category: QSR
Year Built: 2019

Investment Overview

  • 2019 Construction. 2,100+/- SF Building on .74+/- Acre Site
  • New 10 Yr Corp Lease w/ 10% Rent Bumps Every 5 Yrs’
  • Located along US-180 (26K VPD) & Garret Morris Pkwy
  • Near CVS, Walmart, McDonald’s, Chili’s, Motel 6, Shell
  • Adjacent to Mineral Wells High School (917 Students)
  • 2-Miles E of Downtown | 3-Miles N of Mineral Wells Airport
  • Future job growth for the next ten years is expected to be 30%
  • Local Industries: Mining | Oil & Gas | Manufacturing | Utilities
  • 1-Mile Avg. HH Income: $53,828 | 50-Miles W of Fort Worth
  • Close proximity to Dallas/Fort Worth (MSA) | Pop: 7+ Million