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Whataburger | 8+yrs Remain Corp Abs NNN 1702 19th St 2,229 SF Retail Building Lubbock, TX 79401 $3,933,639 CAD ($1,764.76 CAD/SF) 5.22% Cap Rate
Investment Highlights
- 8+ Years Remaining | Options To Extend | Scheduled Rental Increases
- Near Texas Tech University (40,000+ Students) | Hard Corner Signalized Intersection | Dense Retail Corridor
- 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
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
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
Whataburger began in 1950 when Harmon Dobson opened the first restaurant in Corpus Christi, Texas, with a goal of serving a burger large enough to require two hands. The company grew from that single stand into a regional quick-service restaurant chain built around made-to-order burgers, breakfast items, chicken sandwiches, fries, shakes, and other menu favorites. Whataburger also extends beyond restaurants through branded grocery products, bringing original recipes into retail food channels. The business is known for its orange-and-white restaurant design, its customizable menu approach, and a broad restaurant network across several states while keeping a strong focus on service and community connection.
| 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 | R135437 | Improvements Assessment | $292,906 CAD |
| Land Assessment | $142,819 CAD | Total Assessment | $435,725 CAD |
Property Taxes
Contacts
-
Patrick Luther -
Matthew Mousavi -
Patrick Nutt -
Webb Sellers -
SRS National Net Lease
Presented by
Whataburger | 8+yrs Remain Corp Abs NNN | 1702 19th St
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