Log In/Sign Up
Your email has been sent.
2159 Highway 36 S
Sealy, TX 77474
Whataburger | 9+yrs Remain Corp Abs NNN · Retail Property For Sale
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
• Corporate signed lease by Whataburger Restaurants, LLC
• 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
• 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
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,938 SF
Building Class
C
Year Built
1986
Price
$6,930,000
Price Per SF
$1,759.78
Cap Rate
6%
NOI
$415,794
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.96 AC
Zoning
GC
Parking
51 Spaces (12.95 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | R000020324 | Improvements Assessment | $696,842 |
| Land Assessment | $490,455 | Total Assessment | $1,187,297 |
Property Taxes
Parcel Number
R000020324
Land Assessment
$490,455
Improvements Assessment
$696,842
Total Assessment
$1,187,297
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
