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Whataburger | 8+ Yr Corp Abs NNN Lease 4646 W Commerce St 2,758 SF Retail Building San Antonio, TX 78237 $8,289,000 ($3,005.44/SF) 6% Cap Rate
Investment Highlights
- 8+ Years Remaining | Options To Extend | Scheduled Rental Increases
- Signalized, Hard Corner Intersection | Crosstowne Mercado
- Absolute NNN | Fee Simple Ownership
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• 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
• This Whataburger location ranks in the 95th percentile across all measured Whataburgers for annual visits per Placer.ai
Property Facts
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Accommodation and Food Services
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99,999 SF
- -
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Lorem Ipsum
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Whataburger is a quick-service restaurant company specializing in hamburgers and related menu items. The company was founded in 1950 by Harmon Dobson and Paul Burton, with its first restaurant opening in Corpus Christi, Texas. Whataburger expanded steadily throughout Texas and the southern United States, developing a regional footprint supported by both company-operated and franchised locations. The company relocated its headquarters to San Antonio, Texas to support broader operational and geographic growth. For much of its history, Whataburger remained family owned by the Dobson family. In 2019, a majority ownership stake was acquired by BDT & MSD Partners, while the Dobson family retained a minority interest and ongoing board involvement. The company continues to operate as a private enterprise and is not publicly traded. Whataburger’s operations focus on standardized restaurant formats, centralized supply chain management, and company-directed real estate development for new locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 08204-001-0010 | Improvements Assessment | $391,818 |
| Land Assessment | $963,580 | Total Assessment | $1,355,398 |
Property Taxes
Contacts
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Patrick Luther -
Matthew Mousavi -
Patrick Nutt -
Webb Sellers -
SRS National Net Lease
Presented by
Whataburger | 8+ Yr Corp Abs NNN Lease | 4646 W Commerce St
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