Whataburger

Highlights:

• Established Corporate NNN Lease to Whataburger with Strong Sales History
• Recent 10 Year Extension to Whataburger with Scheduled Increases
• Highly Profitable Location with Recent Annual Sales Near $3.3 Million
• Rent to Sales Ratio of Approximately 5% - Healthy Operating Ratio
• 20 Plus Year Operating History with Sales Transparency
• Tenant Completed Footprint/Interior Renovations in 2019

Description:

The subject property is ideally located at the intersection of S.​ 1st Street and N.​ Pioneer Drive with excellent access and visibility on 1st Street (20,930 AADT).​ The site benefits from robust demographics with a daytime population of 106,647 within 5 miles of the site.​ Average household income within a 1-mile radius is $60,566.​

The site benefits from shared market exposure with other local restaurant traffic including Bush’s Chicken, Taco Bell, Arby’s, Taqueria Nuestro Mexico, Church’s Chicken, and Burger King.​ Nearby retail centers include Woodhaven Shopping Center highlighted by Hobby Lobby, Schlotzsky’s, Abuelo’s Mexican Food Embassy, and H&R Block; Frenchman’s Creek co-tenants Little Caesars, Supercuts, Leslie’s Pool, Mardel’s, Crunch Fitness, All State and more; Westwood Center features finance, printing, tax, and insurance providers.​

Major employers within 3 to 5 miles include Taylor County, AbiMar Foods, Abilene Christian University, Abilene State Supported Living Center, and Abilene Independent School District.​ Just under 3 miles away is Hendrick Medical Center South, a 231-bed facility with inpatient, outpatient, medical, surgical and emergency care.​

Abilene, population 123,420, is the county seat of Taylor County, primarily located in the northern portion of the county as well as in Jones County.​ Located 150 miles west of Fort Worth and 180 miles west of Dallas, Abilene is the economic, educational, medical, and cultural center of the west central Texas area.​ Major corporations and small businesses thrive thanks to a large talent pool, robust infrastructure and a pro-business environment.​ Plenty of open land provides opportunities for major business developments.​ In addition, Abilene consistently ranks as one of the most affordable places to live in the United States, with a cost of living 16.3 percent lower than the U.​S.​ average.​

Manufacturing plants in Abilene and its immediate vicinity produce such products as beverages; bakeries and tortillas; animal foods; engine, turbine and power equipment; architectural and structural metals; and boiler, tank and shipping containers.​ Abilene is the home of three co-educational, liberal arts universities, two nursing schools, one two-year college, one technical college, one school of public health, and one pharmacy school.​ In addition, Abilene State Supported Living Center, which provides campus-based direct services and support to people with intellectual and developmental disabilities, owned and operated by the State of Texas Department of Aging and Disability Services, is located on a 640 acre tract within the City.​ Militarily, Abilene and Dyess Air Force Base share a very important association within the development and well-being of the community.​ For over 70 years, Abilene has been home to the 6,400-acre Dyess Air Force Base with over 13,000 military and civilian people.​ Employing more than 5,000 people, it is the single largest employer in the area.​


This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.​