Houston, 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

• Less than 1 mile from Tanglewood Court, an H-E-B anchored center with other national/credit retailers including Mattress Firm, La Madeleine, Torchy’s Tacos, and others
• The asset is located near Westheimer Crossing, which features retailers such as Academy, REI, Michaels, McDonald’s, and Taco Bell
• Located in close proximity to the Kinkaid School (1,400+ students)
• The property is located in the center of a primary retail corridor with
other national/credit retailers including Whole Foods, Trader Joe’s, Kroger, Starbucks, CVS, Walgreens, Jersey Mike’s, and many others
• Strong synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000001kLaLYAU