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Whataburger | 8+yrs Remain Corp Abs NNN 1110 W US Highway 77 3,100 SF Retail Building San Benito, TX 78586 $8,518,493 CAD ($2,747.90 CAD/SF) 6% Cap Rate
Investment Highlights
- 8+ Years Remaining | Options To Extend |Scheduled Rental Increases
- Outparcel to Walmart Supercenter | Along U.S. 77 | Interstate 69E | Dense Retail Corridor | Nearby Schools & Apartment
- Absolute NNN | Fee Simple Ownership
- Strong Demographics in 5-Mile Trade Area
Executive Summary
• Over 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
- Pylon Sign
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Accommodation and Food Services
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99,999 SF
- -
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Lorem Ipsum
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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 | 608140-0080-001200 | Improvements Assessment | $979,787 CAD |
| Land Assessment | $223,998 CAD | Total Assessment | $1,203,785 CAD |
Property Taxes
Contacts
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Patrick Luther -
Matthew Mousavi -
Patrick Nutt -
Webb Sellers -
SRS National Net Lease
Presented by
Whataburger | 8+yrs Remain Corp Abs NNN | 1110 W US Highway 77
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