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Whataburger | 9+yrs Remain Corp Abs NNN 2159 Highway 36 S 3,938 SF Retail Building Sealy, TX 77474 $9,348,085 CAD ($2,373.82 CAD/SF) 6% Cap Rate
Investment Highlights
- 9+ Years Remaining | Options To Extend | Scheduled Rental Increases
- Across Brazos Village Shopping Center | Meyer St (24,000 VPD) |Frontage Visibility | Strong National/Credit Retailers Nearby
- Absolute NNN | Fee Simple Ownership
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• 9+ years remaining with 3 (5-year) option periods to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and providing a hedge against inflation
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- 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
- -
-
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 | R000020324 | Improvements Assessment | $939,991 CAD |
| Land Assessment | $661,589 CAD | Total Assessment | $1,601,581 CAD |
Property Taxes
Contacts
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Patrick Luther -
Matthew Mousavi -
Patrick Nutt -
Webb Sellers -
SRS National Net Lease
Presented by
Whataburger | 9+yrs Remain Corp Abs NNN | 2159 Highway 36 S
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