El Paso, TX - Whataburger

Description:

• The tenant currently has 9+ years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation

• The subject property is located along George Dieter Dr, a major retail road that averages 53,500 VPD
• The site benefits from nearby direct on/off ramp access to Interstate 10, a major thoroughfare that averages 168,200 vehicles passing by daily
• The asset is ideally situated in a dense retail/industrial corridor, with national/credit tenants including 7-Eleven, Wrangler, FedEx, Autozone and many more

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Listing ID: a28TP000003luD7YAI