1401 E Main St
Eastland, TX
Price:
$2,200,000
Cap Rate:
4.75%
NOI:
$104,000
Building Size:
Approx. 3,305 Sq. Ft.
Lot Size:
Approx. 0.99 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2025
Investment Overview
- 2025 Construction. 3,305+/- SF Building on 0.99+/- Acre Site
- Brand New 15-Year Absolute NNN Lease with 10% Rental Increases Every 5 Years in both the Primary Term and Renewal Options
- Signalized Hard Corner Location at E Main St & Seaman St (65,000 Combined VPD)
- Adjacent to Walmart Supercenter, Tractor Supply & Multiple Hotels Serving Interstate 20
- Only Whataburger Within 40 Miles Serving an Estimated 27,000 Residents
- Whataburger Operates 1,109 Locations Across 16 States with $4B+ in Systemwide Sales
- Eastland, TX | Pro-Business Market with 21% Lower Cost of Living Than National Average | Population: 3,631