Sealy, TX - Whataburger
$6,930,000
2159 Tx 36, Sealy, TX 77474
6
Cap Rate
415,794
NOI
Details:
Description:
• Corporate signed lease by Whataburger Restaurants, LLC
• 9+ years remaining with 3 (5-year) option periods to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and providing a hedge against inflation
• The subject property is located directly across from Brazos Village Shopping Center, a Bealls anchored center with national/credit retailers including Tractor Supply Co., Taco Bell, Dollar Tree, and more
• The site offers excellent frontage visibility along Meyer Street, which experiences approximately 24,000 vehicles per day and provides convenient access
• Whataburger is surrounded by national and credit retailers such as Walmart Supercenter, Starbucks, McDonald’s, Wells Fargo, and Sherwin-Williams and more
• Strong synergy promotes crossover shopping to the subject property
Location
Gallery