Mineral Wells, TX - Whataburger

Description:

• Corporate signed lease by Whataburger Restaurants, LLC
• Over 8 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 located less than 1 mile from a Tractor Supply Co. anchored center that features other national/credit retailers such as Harbor Freight, Anytime Fitness, Boot Barn, McDonald’s, and Benjamin Moore
• The asset is located on E Hubbard St (20,600 VPD), a major retail and commuter thoroughfare serving Mineral Wells
• The site is located approximately 1 mile from Mineral Wells High School which has a student population of over 900
• In the center of a dense retail corridor with other retailers including Walmart, Atwoods, Taco Bell, Starbucks, 7 Brew, CVS, Chili’s, and many others
• Strong tenant synergy promotes crossover shopping to the subject property

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000002CXa9YAG