NNN Property Investment
For Sale
Contact for pricing
2503 E Hubbard St, Mineral Wells, TX 76067
Single-tenant NNN property with over 8 years remaining on lease.
Property Size3,142 SF
Price / SF$1,207
Days on Market194
Property Features for 2503 E Hubbard St
General Information
Standard status
Active
Size
3,142 SF
Total Parking Spaces
34
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$214,408
Building Details
Year Built
1979
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners SAN ANTONIO
(480) 221-4221
Listed By:
Webb Sellers · License #TX 589055
Source:
Crexi
Added: Jan 30
Changed: Aug 8
Last Checked: Aug 11 at 3:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners SAN ANTONIO
Investment Insights
Based on property information with market context.
Located at 2503 E Hubbard Street in Mineral Wells, Texas, this single-tenant Absolute NNN property presents an investment opportunity with over 8 years remaining on the lease. The lease includes scheduled rental increases and options to extend. The property generates a net operating income of $214,408 with a cap rate of 5.50%. The property is near a Tractor Supply Co. anchored center and other retailers such as Walmart, Taco Bell, and Starbucks. Situated on E Hubbard St, a retail thoroughfare with commuter traffic, the property benefits from a dense retail corridor. The corporate tenant, Whataburger Restaurants, LLC, is responsible for all expenses. This fee simple ownership property is suitable for passive investors seeking a hands-off opportunity. The property size is 3142 square feet.
Key Highlights
- Absolute NNN lease with over 8 years remaining, providing a hands‑off investment.
- Net Operating Income (NOI) of $214,408 and a 5.50% cap rate, offering a lucrative return.
- Corporate tenant, Whataburger Restaurants, LLC, responsible for all expenses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 76067, TX
20,473
Population
8,660
Households
2.4
Avg Household Size
39
Median Age
13%
College-Educated
84%
High-School Grad
197.6 sq mi
ZIP Area
104
Density / Sq Mi
$59,670
Median Household Income
$35,532
Median Earnings
$1,050
Median Rent
$156,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant NNN property with over 8 years remaining on lease.
Where is this nnn property located?
The property is located at 2503 E Hubbard St Mineral Wells, TX.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: Absolute NNN lease with over 8 years remaining, providing a hands‑off investment.; Net Operating Income (NOI) of $214,408 and a 5.50% cap rate, offering a lucrative return.; Corporate tenant, Whataburger Restaurants, LLC, responsible for all expenses.
