Plano, TX - Whataburger

Description:

• The tenant currently has 12+ 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

• Situated as an outparcel to a Walmart Supercenter
• Located along Coit Rd which averages 56,800 VPD
• The site benefits from nearby direct on/off ramp access to George Bush Turnpike, a major thoroughfare that averages 136,500 VPD
• The asset is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Target, Home Depot, Costco, and more

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Listing ID: a28TP000001kLLpYAM