Log In/Sign Up
Your email has been sent.
Whataburger - Brownsville TX 2419 Boca Chica Blvd 3,019 SF Retail Building Brownsville, TX 78521 $5,372,312 CAD ($1,779.50 CAD/SF) 5.25% Cap Rate
Investment Highlights
- 8+ Years Remaining | Scheduled Rental Increases | Options to Extend
- Boca Chica Square | High Traffic Area | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership
- Strong Demographics in 5-Mile Trade Area
Executive Summary
• The tenant currently has 8+ years remaining on their initial lease with 3 (5-year) options to extend
• The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation
• The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,019 SF
Building Class
B
Year Built
1979
Price
$5,372,312 CAD
Price Per SF
$1,779.50 CAD
Cap Rate
5.25%
NOI
$282,068 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.78 AC
Zoning
CC - Corridor Commercial
Parking
36 Spaces (11.92 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Drive Thru
Moderately walkable
70/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 049200-1060-003200 | Improvements Assessment | $978,142 CAD |
| Land Assessment | $466,325 CAD | Total Assessment | $1,444,467 CAD |
Property Taxes
Parcel Number
049200-1060-003200
Land Assessment
$466,325 CAD
Improvements Assessment
$978,142 CAD
Total Assessment
$1,444,467 CAD
Contacts
-
Patrick Luther -
Matthew Mousavi -
Patrick Nutt -
Webb Sellers -
SRS National Net Lease
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Whataburger - Brownsville TX | 2419 Boca Chica Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.