2501 E Hubbard St Mineral Wells, TX 76067
Property profile & analytics
2501 E Hubbard St Mineral Wells, TX 76067
- Commercial real estate
- 24,000 SF
- 0.67 lot acres
Property ID
US82-1226404
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Popeyes Louisiana Kitchen / Restaurant
Property Details for 2501 E Hubbard St
- Year built
- 1978
- Lot size
- 0.67 lot acres
- Property size
- 24,000 SF
- Property type
- Commercial real estate
- APN
- 43340000
- APU
- 43340000
Description
This exceptional investment opportunity presents a brand-new, 2024-constructed Popeyes restaurant featuring a drive-thru. Located at 2501 E Hubbard St, Mineral Wells, TX 76067, this 2,400 square foot property sits on a 0.67-acre lot and boasts a 20.1-year absolute NNN ground leaseback with a franchisee tenant. The lease includes 7.5% rent bumps every five years, ensuring consistent income growth. The property's strategic location along a major retail corridor in Mineral Wells, Texas, provides excellent visibility and accessibility. Mineral Wells benefits from its proximity to the Dallas-Fort Worth MSA, a significant economic driver. The area features numerous national retailers, including Walmart, Tractor Supply, and others, ensuring high traffic and consumer density. Furthermore, the property's proximity to Fort Wolters, a former military installation now repurposed as an industrial park, and the Brazos Shopping Center, a large retail hub, adds to its appeal. The property also benefits from its proximity to Mineral Wells Airport, contributing to the local economy. The asking price is $2,836,364, representing a 5.50% cap rate and a $156,000 net operating income (NOI). This is a rare opportunity to acquire a high-performing, long-term net lease investment in a growing Texas market. The property is classified as Class A and is part of the QSR/Fast Food, Restaurant, and Storefront sectors.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $565,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $711,000
Market price range: $229k - $711k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mineral Wells
- County
- Palo Pinto
- State
- Texas
- Longitude
- -98.093
- Latitude
- 32.8096
- CBSA code
- 33420
- CBSA name
- MINERAL WELLS, TX MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,189
$263,060
$97,410
$360,470
-
$263,060
$97,410
$360,470
