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Whataburger | 8+yrs Remain Corp Abs NNN 311 W Camp Wisdom Rd 3,348 SF Retail Building Duncanville, TX 75116 $3,795,000 ($1,133.51/SF) 5.51% Cap Rate
Investment Highlights
- 8+ Years Remaining | Options To Extend | Scheduled Rental Increases
- Along W Camp Wisdom Rd | Interstate 20 | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership
- Strong Demographics in 5-Mile Trade Area | Direct Consumer Base
Executive Summary
• Corporate signed lease by Whataburger Restaurants, LLC
• The tenant has over 8 years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years throughout the initial lease term and at the beginning of each option period, growing NOI and hedging against inflation
• The tenant has over 8 years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years throughout the initial lease term 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
Building Size
3,348 SF
Building Class
C
Year Built/Renovated
1999/2000
Price
$3,795,000
Price Per SF
$1,133.51
Cap Rate
5.51%
NOI
$209,080
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.66 AC
Zoning
LR-2 - Local Retail
Parking
42 Spaces (12.54 Spaces per 1,000 SF Leased)
Frontage
53’ on W Camp Wisdom Rd
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
-
- 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.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 60099500000100000 | Improvements Assessment | $377,020 |
| Land Assessment | $115,360 | Total Assessment | $492,380 |
Property Taxes
Parcel Number
60099500000100000
Land Assessment
$115,360
Improvements Assessment
$377,020
Total Assessment
$492,380
Contacts
-
Patrick Luther -
Matthew Mousavi -
Patrick Nutt -
Webb Sellers -
SRS National Net Lease
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Whataburger | 8+yrs Remain Corp Abs NNN | 311 W Camp Wisdom Rd
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