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DeSoto, TX - Whataburger

$2,186,000

203 E Pleasant Run Rd, DeSoto, TX 75115

Active
Last Updated: 05/16/2026

4.75

Cap Rate

103,858

NOI

Details:
Cap Rate:    4.75%
NOI:    $103,858
Building Size:    2,496 sqft
Lot Area:    0.52 acres
Occupancy:    100%
Year Built:    1983
Zoning:    PD - Planned Development
Floors:    1
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 subject property is strategically located at the signalized, hard-corner intersection of Pleasant Run Rd and N Hampton Rd, combining to average over 43,600 vehicles passing by daily
• The property is in the center of a primary retail corridor with other nearby retailers including Tom Thumb, Aldi, McDonald’s, Dunkin, Jack In The Box, AutoZone, and many more
• Strong synergy promotes crossover shopping to the subject property

Map:
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