San Antonio, TX - Whataburger (Roosevelt)

Description:

• The tenant has over 9 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 located approximately 1 mile from the intersection of Interstate 10 (151,300 VPD) and Interstate 37 (122,700 VPD) which are two of the major retail and commuter thoroughfares serving San Antonio
• The asset is located approximately a 10-minute drive from downtown San Antonio with attractions such as The Alamo, San Antonio Riverwalk, the Alamo Dome, and more
• The site is located in close proximity to Burbank High School and Brackenridge High School which combine to have over 2,800 students
• Strong tenant synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000001kLwvYAE