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Whataburger | New 15yr Corp Abs NNN GL 530 Stan Schlueter Loop 3,305 SF Retail Building Killeen, TX 76542 $2,667,000 ($806.96/SF) 4.50% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | August 2026 Opening |Scheduled Rental Increases | Options To Extend
- Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities
- The Shops at Killeen | Signalized Hard Corner Location |Dense Retail Corridor | Ellison High School | High Traffic Counts
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee (land ownership) in an absolute NNN-leased, Whataburger investment property located in Killeen, Texas. The tenant, Whataburger, recently signed a brand new 15-year 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 term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is an absolute NNN ground lease with no landlord responsibilities, making it an ideal, zero management investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
3,305 SF
Building Class
B
Year Built
2026
Price
$2,667,000
Price Per SF
$806.96
Cap Rate
4.50%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.14 AC
Zoning
B-5 - Business District
Parking
44 Spaces (13.31 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Whataburger
- Accommodation and Food Services
-
99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Whataburger | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 10
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