Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

921 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Whataburger | 8+yrs Remain Corp Abs NNN 1010 Wildcat Dr 2,798 SF Retail Building Portland, TX 78374 $7,295,000 ($2,607.22/SF) 6.25% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

8+ Years Remaining | Options To Extend | Scheduled Rental Increases
Signalized, Hard Corner Intersection | Walmart Supercenter Anchored Center | Dense Retail Corridor

Absolute NNN | Fee Simple Ownership
Strong Demographics In 5-Mile Trade Area

Executive Summary

• Corporate signed lease by Whataburger Restaurants, LLC
• 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

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

2,798 SF

Building Class

Year Built

1971

Price

$7,295,000

Price Per SF

$2,607.22

Cap Rate

6.25%

NOI

$455,859

Tenancy

Single

Building Height

1 Story

Building FAR

0.06

Lot Size

1.06 AC

Zoning

CG - General Commercial District

Parking

42 Spaces (15.01 Spaces per 1,000 SF Leased)

Frontage

151’ on Wildcat Drive

Corner Lot
Dedicated Turn Lane

Pylon Sign
Restaurant

Signalized Intersection

Drive Thru

Accommodation and Food Services
99,999 SF
-
Lorem Ipsum
Jan 0000

Whataburger began in 1950 as a hamburger stand in Corpus Christi, Texas, and grew into a regional restaurant chain with roots in Texas and a broad presence across the southern United States. The company focuses on made-to-order burgers, breakfast items, chicken sandwiches, fries, shakes, and other customizable menu items, with many restaurants offering around-the-clock service. Whataburger also extends the brand beyond restaurants through grocery products and an official online store that sells branded merchandise and food items.