Victoria, TX - Whataburger

Description:

• The tenant currently has 8+ years remaining on their initial lease with 3 (5-year) options to extend
• The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation

• Located near the signalized, hard corner intersection of N Navarro St and E Mockingbird Lane, which combine to average more than 58,100 vehicles passing by daily
• The asset is located less than 1 mile from the Centre At Navarro, a Planet Fitness and ALDI anchored center with other retailers including Walgreens, Wingstop, Supercuts, and more
• The subject property is located in the center of a dense retail corridor with other nearby retailers including H-E-B, Target, Chick-fil-A, Chili’s, Texas Roadhouse, Raising Cane’s, and many others

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Listing ID: a28TP000002i0b3YAA