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Whataburger 3710 W Northwest Hwy 2,752 SF Retail Building Dallas, TX 75220 $5,100,000 ($1,853.20/SF) 4.72% Cap Rate
INVESTMENT HIGHLIGHTS
- 11+ Years Remaining | Options To Extend | Scheduled Rental Increases
- Adjacent To Dallas Love Field Airport (7.7M+ Annual Visitors) | Retail Corridor | Strong National/Credit Retailer Presence
- Absolute NNN | Fee Simple Ownership
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• The tenant has over 11 years remaining on its lease with 3 (5-year) options to extend
• Corporate signed lease by Whataburger Restaurants, LLC
• 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
• Corporate signed lease by Whataburger Restaurants, LLC
• 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
2,752 SF
Building Class
B
Year Built
1995
Price
$5,100,000
Price Per SF
$1,853.20
Cap Rate
4.72%
NOI
$240,477
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.77 AC
Zoning
CR - Community Retail
Parking
42 Spaces (15.26 Spaces per 1,000 SF Leased)
Frontage
168’ on West Northwest Highway
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Waterfront
- Drive Thru
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 004424000A01A0000 | Improvements Assessment | $441,800 |
| Land Assessment | $834,180 | Total Assessment | $1,275,980 |
PROPERTY TAXES
Parcel Number
004424000A01A0000
Land Assessment
$834,180
Improvements Assessment
$441,800
Total Assessment
$1,275,980
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