Dallas, TX- Whataburger (Northwest Hwy)
$5,100,000
3710 W Northwest Hwy, Dallas, TX 75220
4.72
Cap Rate
240,477
NOI
Details:
Description:
• The tenant has over 11 years remaining on its lease with 3 (5-year) options to extend
• Corporate signed lease by Whataburger Restaurants, LLC
• Features 10% rental increases every 5 years throughout the initial lease term and at the beginning of each option period, growing NOI and hedging against inflation
• The subject property is adjacent to Dallas Love Field Airport, which attracts over 7.7 million visitors per year
• The asset is located in the center of a primary retail corridor with other nearby retailers including Walmart Supercenter, Target, Sam’s Club, Central Market, Chick-fil-A, Starbucks, Popeyes, Panda Express, and more
• Strong synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Location
Gallery