3185 Long Prairie Rd
Flower Mound, TX 75022
Whataburger · Retail Property For Sale

This offering features a newly constructed Whataburger ground lease in Flower Mound, Texas, one of the most desirable suburban markets within the Dallas–Fort Worth metroplex. The property is secured by a 15-year absolute NNN ground lease with Whataburger Restaurants LLC, a nationally recognized quick-service restaurant brand with over 1,100 locations across 17 states. The lease includes three 5-year renewal options and 8% rent escalations every five years, providing long-term income stability and built-in growth for investors.
The site benefits from a high-traffic location along Long Prairie Road, a major thoroughfare surrounded by dense residential neighborhoods, schools, and retail destinations. Flower Mound boasts strong demographics, with average household incomes exceeding $150,000 within a three-mile radius and a growing population base. This affluence supports robust consumer spending and consistent demand for quick-service dining.
With a purchase price of $4,350,000 and a 4.50% cap rate, this asset offers a secure, passive investment opportunity backed by a proven operator and a long-term lease structure. Positioned in a thriving community with excellent economic fundamentals, this property represents a compelling addition to any net-lease investment portfolio.