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    109 South Main St Mansfield, TX 76065

    For Sale
    $3,335,000

    NNN property with long-term master lease and annual rental increases.

    Property size:
    9,139 SF
    Lot size:
    0.57 Acres

    Property Features for 109 South Main St

    General Information

    Size
    9,139 SF
    Lot size
    0.57 Acres

    Source: STRIVE Agent Adam Gottschalk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Investment Opportunity

    This property features a long-term absolute master lease covering four concepts, offering a passive investment opportunity with zero landlord responsibility. The lease includes 1.5% annual rental increases. The parent company, Local Favorite Restaurants, operates 10 different restaurant experiences across 53 locations in North Texas. Surrounding retailers include Walmart, Dollar General, Academy Sports, Chick-fil-A, Hobby Lobby, and Dairy Queen. The property encompasses 9139 square feet and is located on South Main St in Mansfield, TX.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1416624
    Latitude
    32.5626662

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    FAQs

    What type of property is this?
    Restaurant - NNN property with long-term master lease and annual rental increases.
    Where is this restaurant located?
    The property is located at 109 South Main St Mansfield, TX.
    What is the asking price?
    The asking price for this property is $3,335,000.
    What are key features of this property?
    This property features: - Long Term Absolute Master Lease for all 4 Concepts on the Premises (Passive Investment); - Zero Landlord Responsibility; - Enjoy 1.5% Annual Rental Increases
    (469) 844-8890
    Request Owner's contact information
    109 South Main St Mansfield, TX 76065
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    Mansfield, TX 76065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 South Main St Mansfield, TX 76065
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