Bay City, TX - Whataburger

Description:

• Corporate signed lease by Whataburger Restaurants, LLC
• The tenant has over 12 years remaining on its 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 lease term and at the beginning of each option period, growing NOI and hedging against inflation

• Whataburger is located in a strong retail corridor surrounded by national and credit retailers including H-E-B, Walmart Supercenter, Marshalls, Bealls, Starbucks, McDonald’s, CVS, 7 Brew, and many more
• Headquartered in San Antonio, they have stayed close to their roots while building system-wide revenue of more than $4 billion annually across their
16- state footprint and over 1,090 restaurants
• The property benefits from its location at the signalized hard corner intersection of 8th Street and Avenue F, providing excellent visibility and accessibility
• Strong synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000003m4h7YAA