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1010 LAMESA HWY BIG SPRING TX 79720
BIG SPRING, TX 79720
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 6.25% CAP | 3,654 SqFt <ul><li>15-Year Absolute NNN Lease with 8+ Years Remaining</li><li>10% Rental Increases Every 5 Years</li><li>Franchisee Guarantee - 23+ McAlister's Locations</li><li>Strategic Location at I-20 & US-87 Interchange</li><li>Excellent Visibility with 18,000 VPD on I-20</li><li>Recent 2015 Construction with Drive-Thru</li><li>Minutes from Howard College (4,400 Students)</li><li>Nearby Scenic Mountain Medical Center (122-Bed Hospital)</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
