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    Two-Unit Restaurant Property
    Updated: Apr 13
    Two-Unit Restaurant Property

    411 E Magnolia St, Mathis, TX 78368

    Contact for pricing
    Two‑unit restaurant property with an established bar and grill
    Adjacent 7924SF bar and dancehall has undergone renovations
    Secondary unit is in operational condition
    Restaurant occupant will sign a 5 year, NNN lease effective upon closing
    Adjacent unit has been leased occasionally for one‑off events
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mathis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fuddruckers Restaurant with Triple-Net Lease
    Fuddruckers Restaurant with Triple-Net Lease

    1949 S Padre Island Drive, Corpus Christi, TX 78416

    $3,500,000
    6,670 sqft 2.09 AC lot

    Operating Fuddruckers restaurant on SPID with central HVAC, public water, and public sewer service built in 2004.

    View details
    Applebee's Restaurant Building
    Applebee's Restaurant Building

    1820 US-181, Portland, TX 78374

    $3,625,000
    5,400 sqft 1.14 AC lot

    The restaurant is subject to an absolute NNN lease with 9+ years remaining and four 5-year renewal options.

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    Operating Restaurant on NNN Lease
    Operating Restaurant on NNN Lease

    1949 S Padre Island Drive, Corpus Christi, TX 78416

    $3,500,000
    6,670 sqft 2.09 AC lot

    Operating Fuddruckers restaurant on an NNN lease with SPID frontage near Crosstown Expressway.

    View details
    Profitable NNN Investment Opportunity
    Profitable NNN Investment Opportunity

    1010 Wildcat Dr, Portland, TX 78374

    Contact for pricing
    2,798 sqft

    Single-tenant Whataburger NNN property with over 8 years remaining.

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    Mathis, TX Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Mathis, TX on our real estate platform.

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    Demographics Overview

    Population 9,474
    Population Growth (5Y) -2.6%
    Median Household Income $41,286
    College Educated 13.9%

    Taxes & Financing

    Tax Rate (average for all types) 1.06%
    Property Tax per SF $27.30 per SF
    Tax Rate vs County Average 0.54 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Patricio County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Patricio County

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