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3124 N 16th St
Orange, TX 77630
Whataburger Ground Lease · Retail Property For Sale
Investment Highlights
- The 20-year Absolute NNN Ground Lease commenced in January 2024 and features attractive 10% rental increases every 5 years.
- In 2022, Chevron Phillips Chemical and QatarEnergy announced plans to build an $8.5 billion facility in Orange, just 6 miles from Whataburger.
- Headquartered in San Antonio, Whataburger recently reported annual sales in excess of $3.0 billion throughout their 1,000+ locations across 15 states.
- Superior Interstate 10 Location | The Property benefits from direct exposure to a combined 66,000 vehicles per day.
- N 16th Street has welcomed a slew of new retails tenants in the last 5 years including Starbucks, Chick-fil-A, and Golden Chick.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,368 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.96 AC
Parking
37 Spaces (10.99 Spaces per 1,000 SF Leased)
Frontage
132’ on North 16th Street
Amenities
- Drive Thru
1 of 1
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