2501 Hubbard StMineral Wells, TX 76067

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.