Brownsville, 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 less than half a mile from Boca Chica Square, which features retailers such as a Walmart Supercenter, Ross, Five Below, dd’s Discounts, Buffalo Wild Wings GO, and Rent-A-Center
• The asset is located in close proximity to the intersection of Interstate 69E and Boca Chica Blvd, which combine to average more than 113,000 vehicles passing by daily
• The subject property is located in the center of a dense retail corridor with other nearby retailers including H-E-B, The Home Depot, Crunch Fitness, Starbucks, Dunkin’, Panda Express, and more

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Listing ID: a28TP000002i1QfYAI