Corsicana, 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’s significant frontage and pylon signage on W 7th Avenue (19,500 VPD) provides increased exposure to consumers
• The asset is approximately 1 mile from Navarro College - Corsicana which has a student population of over 3,100, providing a direct consumer base from which the asset can draw upon
• Located in the center of a primary retail corridor with other national/credit retailers including Walmart, Academy, H-E-B, Planet Fitness, Harbor Freight, Taco Bell, Wingstop, 7 Brew, and many others, increasing consumer draw to the immediate trade area

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Listing ID: a28TP000002CkQvYAK