Wharton, TX - Whataburger
$4,180,000
10319 US 59 Hwy, Wharton, TX 77488
5.7
Cap Rate
238,233
NOI
Details:
Description:
• The tenant currently has 9+ 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
• The site benefits from prominent visibility along the US Highway 59 corridor (23,000 VPD), providing exposure to passing traffic
• Surrounded by national retailers and restaurants, including Walmart Supercenter, H-E-B, Buc-ee’s, AutoZone, McDonald’s, Tractor Supply Co., Dollar Tree, and more
• Positioned near Wharton County Junior College and Wharton High School, providing access to nearby student and faculty populations
• Strong synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Location
Gallery