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- LoopNet Team
5545 McPherson Blvd
Fort Worth, TX 76123
Whataburger · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Zero landlord responsibilities - brand new ground lease, with a 15-year initial lease term
- Part of the new Shops at Chisholm Trail Ranch - 250,000 sf dynamic retail, restaurant and entertainment destination
- Monument signage on McPherson Boulevard
- Strong tenant - Whataburger is a nationally recognized company and operates 830+ restaurants
- 553 multifamily units under construction and 2,000 units entitled. 1,655 new homes projected to be complete in 2019-2021 in immediate trade area
- Prime location along Chisholm Trail Parkway (12-15 minutes to downtown Fort Worth). 2 miles from Tarleton State University campus, a Texas A&M Univ
PROPERTY FACTS
ABOUT 5545 MCPHERSON BLVD , FORT WORTH, TX 76123
Whataburger (“Property”) is a 3,942 square foot free standing restaurant located in a much-anticipated retail development called the Shops at Chisholm Trail Ranch, a 625-acre, master planned development about 12 minutes south of Fort Worth. The property has a prime location in a dense retail area that offers easy access to Chisholm Trail Pkwy and McPherson Blvd. Located within a new 250,000 square feet of space for entertainment, restaurants and retail users including Marshalls, Old Navy, Five Below and Ulta. Studio Movie Grill has signed on as the entertainment anchor. The initial term of the Property’s lease will begin May 1, 2020 and will continue for 15 years with 3 additional 5-year renewal options with 8% escalations. The property offers a rare opportunity for a long-term, stabilized cash flow from a nationally recognized company.
PROPERTY TAXES
| Parcel Number | 42507004 | Improvements Assessment | $984,295 |
| Land Assessment | $840,705 | Total Assessment | $1,825,000 |
PROPERTY TAXES
