Shreveport, LA - Whataburger (Jewella)

Description:

• Corporate signed lease by Whataburger Restaurants, LLC
• Over 9 years remaining with 3 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation

• The property is centrally located within a primary retail corridor and is surrounded by national/credit retailers including McDonald’s, Popeyes, Family Dollar, Sonic, O’Reilly Auto Parts, Pizza Hut, and others
• The asset is located less than 2 miles from Shreveport Regional Airport, a 1,625-acre facility that reports over 715,000 passengers annually
• The site is strategically positioned near Interstate 20, which experiences over 100,000 vehicles per day
• Strong synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000003liLdYAI