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4101 Us-180 Mineral Wells, TX 76067

For Sale
$698,000

1,925 SF Office/Retail Investment

Property size:
1,925 SF

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional 1,925-square-foot commercial property, built in 2008, sits on a 0.73-acre lot in Mineral Wells, Texas, at the highly visible intersection of US-180 E and NE 40th Street. The property boasts a prime location on the eastern commercial corridor, surrounded by numerous national and local businesses, including Super Walmart, McDonald's, Walgreens, and Starbucks. Currently operating at 100% occupancy with a single tenant, this Class A building offers significant income potential. The asking price is $698,000, representing a 4.30% cap rate and a $362.60 price per square foot. The property's Net Operating Income (NOI) is $30,000 annually. Zoned for commercial use, this versatile space is suitable for various businesses, including executive offices, quick-service restaurants, or retail establishments. The property features convenient access from Hwy 180 E and a side street, making it highly accessible. City water and sewer are available. The land value alone is estimated at $285,000 per acre. This owner-user investment opportunity presents a strong return and excellent potential for future growth, given its strategic location near major retailers and Mineral Wells High School. The property includes one single-story building. The lease type is gross. The parcel ID is 5289 & 5290.

Property Features for 4101 Us-180

General Information

Property type
Restaurants
Square Feet
1,925 SF
Class
A
Lot Size
31,799 SF

Building Details

Year Built
2008
Buildings
1
Stories
1

HighLights

  • 1,925 SF single‑story building on a 0.73‑acre lot in Mineral Wells, TX, at the highly visible intersection of US‑180 E and NE 40th Street.
  • Excellent location on the eastern commercial corridor, surrounded by national retailers including Walmart, McDonald's, Walgreens, and Starbucks.
  • Currently 100% occupied with a gross lease, generating $30,000 annual NOI.
  • Offered at $698,000, representing a 4.30% cap rate and $362.60/SF.
  • Zoned commercial; suitable for various uses including office, retail, or quick‑service restaurant.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Mineral Wells
County
Palo Pinto
State
Texas
Longitude
-98.073066681589
Latitude
32.810688324853

FAQs

What type of property is this?
Restaurant - 1,925 SF Office/Retail Investment
Where is this restaurant located?
The property is located at 4101 Us-180 Mineral Wells, TX.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: 1,925 SF single-story building on a 0.73-acre lot in Mineral Wells, TX, at the highly visible intersection of US-180 E and NE 40th Street.; Excellent location on the eastern commercial corridor, surrounded by national retailers including Walmart, McDonald's, Walgreens, and Starbucks.; Currently 100% occupied with a gross lease, generating $30,000 annual NOI.
More about this property
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