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Whataburger | 8+yrs Remain Corp Abs NNN 1010 Wildcat Dr 2,798 SF Retail Building Portland, TX 78374 $10,245,123 CAD ($3,661.59 CAD/SF) 6% Cap Rate



Investment Highlights
- 8+ Years Remaining | Options To Extend | Scheduled Rental Increases
- Signalized, Hard Corner Intersection | Walmart Supercenter Anchored Center | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• 8+ years remaining with 3 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation
Property Facts
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
On Aug. 8, 1950, an adventurous and determined entrepreneur named Harmon Dobson opened up the world’s first Whataburger on Ayers Street in Corpus Christi, Texas. The company had a simple goal: to serve a burger so big it took two hands to hold and so good that after one bite customers would say, “What a burger!” They succeeded on both counts and turned that one little burger stand into a legend loved throughout Texas and the South. Today, each and every Whataburger is made to order, right when it’s ordered. And they’re still made with 100 percent pure, never-frozen beef and served on a big toasted five-inch bun with all “the extras” to suit every taste. Grilled jalapeños, extra bacon, three slices of cheese, no tomatoes, extra pickles? No problem. Each Whataburger will be made just like customers like it, 24 hours a day, seven days a week.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 73436 | Improvements Assessment | $830,061 CAD |
| Land Assessment | $731,700 CAD | Total Assessment | $1,561,761 CAD |
Property Taxes
Presented by
Whataburger | 8+yrs Remain Corp Abs NNN | 1010 Wildcat Dr
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