Shreveport, LA - Whataburger (Pines Rd)

Description:

• Corporate signed lease by Whataburger Restaurants, LLC
• Over 10 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 an outparcel to Westport Shopping Center, featuring national/credit retailers including McDonald’s, Burger King, Exxon, and others
• The property is centrally located within a primary retail corridor, surrounded by national/credit retailers including Walmart, Home Depot, AT&T, Wendy’s, Taco Bell, Raising Cane’s, and Valvoline Instant Oil Change
• 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

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000003lxAzYAI