801 E 9th St - Fast Food FOR SALE


Mission, TX 78572
$2,810,000 USD
480-221-4221
801 E 9th St, Mission, TX for Sale
$2,810,000 USD
Fast Food - FOR SALE
1/4
null | 5% Cap Rate

801 E 9th St
Mission, TX 78572


HIGHLIGHTS

  • 8+ Years Remaining | Scheduled Rental Increases | Options to Extend
  • Absolute NNN | Fee Simple Ownership
  • Signalized, Hard Corner Intersection | Interstate 85 | Mission High School | Dense Retail Corridor
  • Strong Demographics in the Immediate Trade Area

OVERVIEW

• The tenant currently has 8+ years remaining on their initial lease with 3 (5-year) options to extend • The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$2,810,000 USD

PRICE/SF

$919 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger - Mission TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

C-3

APN/PARCEL ID

W8100-00-00H-0009-00

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.