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1010 Lamesa HwyBig Spring, TX 79720
McAlister's Deli
Asset ClassRetail
Deal Size$2.68 M
Cap Rate: 6.75%Access Data Room
Long-term Absolute NNN lease
overview of deal

Overview

This is an opportunity to acquire a well-established McAlister’s Deli in Big Spring, Texas, backed by a long-term Absolute NNN lease. The lease includes 10% rent increases every five years, along with three additional five-year renewal options.

 

The property sits in a strong location along Lamesa Highway, about 0.2 miles from Interstate 20, which sees roughly 18,000 vehicles per day. It is surrounded by nine nearby hotels, including a new Baymont Inn & Suites directly across the street, creating steady demand from travelers and visitors to the area.

 

The property also benefits from proximity to several major local demand drivers, including Howard College, Scenic Mountain Medical Center, and Big Spring State Hospital, all of which help support consistent daily traffic and long-term economic activity in the area.

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Investment Highlights

• 15-Year Absolute NNN Lease with 8+ Years Remaining

• 10% Rental Increases Every 5 Years

• Strategic Location at I-20 & US-87 Interchange

• Excellent Visibility with 18,000 VPD on I-20

• Recent 2015 Construction with Drive-Thru

• Minutes from Howard College (4,400 Students)

• Nearby Scenic Mountain Medical Center (122-Bed Hospital)

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1010 Lamesa HwyBig Spring, TX 79720
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