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Whataburger - Excellent Store Sales 9102 Mcpherson Ave
3,074 SF Retail Building Laredo, TX 78045 $5,772,800 CAD ($1,877.94 CAD/SF) 5.97% Cap Rate
INVESTMENT HIGHLIGHTS
- Proven Location with Increasing Sales
- Located on the Corner of a Signalized Intersection with Traffic Counts Exceeding 57,000 Cars Per Day
- Rent Increases Tied to CPI and Percentage Rent with No Maximum Cap
- Operated by Whataburger of Alice, the Longest Running Whataburger Franchisee who has been Operating for 70+ Years
EXECUTIVE SUMMARY
--Rent Increases Tied to CPI and Percentage Rent with No Maximum Cap--
--Prime Retail Location--
-Located on the Corner of a Signalized Intersection with Traffic Counts Exceeding 57,000 Cars Per Day
-The Subject Property boasts an Expansive Lot, Providing Ample Space for 25 Parking Spots
-Located within 1 Mile of Doctors Hospital of Laredo with 180 Beds
-Located in Close Proximity to Several Major Retailers such as Exxon, Domino’s Pizza, O’Reilly Auto Parts, HEB Grocery Store, PNC Bank, Family Dollar, Smoothie King, Starbucks, and Many More
--Experienced Franchisee--
-NNN Property with Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market
-Whataburger has the Highest Average Sales Per Store of all Burger Quick Service Restaurants at $3.54 Million per Store
-Whataburger's Sales Skyrocketed in 2021, Reaching $3.09 Billion – A 14.5% Increase From 2020
-Whataburger has 873+ Locations Nationwide | Operated by Whataburger of Alice, the Longest Running Whataburger Franchisee who has been Operating for 70+ Years
--Pride of Property Ownership Laredo, TX--
-Strong Workforce and Daytime Population of over 144,000 Employees within a 5 Mile Radius
-Population and Households Projected to Increase 6% within a 5 Mile Radius by 2028
-Laredo is the Nation’s Largest Inland Port with Daily Commercial Traffic of 14,000 Trucks and 1,200 Rail Cars
-Average Household Income Within 3 Miles Exceeds $105,000
Broker of Record:
Tim Speck
License: #9002994
5001 Spring Valley Road, Suite 100W
Dallas, TX 75244
Phone: (972) 755-5200
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- 3,074 SF
- -
- Net
- Oct 2028
On Aug. 8, 1950, an adventurous and determined entrepreneur named Harmon Dobson opened up the world’s first Whataburger on Ayers Street in Corpus Christi, Texas. The company had a simple goal: to serve a burger so big it took two hands to hold and so good that after one bite customers would say, “What a burger!” They succeeded on both counts and turned that one little burger stand into a legend loved throughout Texas and the South. Today, each and every Whataburger is made to order, right when it’s ordered. And they’re still made with 100 percent pure, never-frozen beef and served on a big toasted five-inch bun with all “the extras” to suit your taste. Grilled jalapeños, extra bacon, three slices of cheese, no tomatoes, extra pickles? No problem. Your Whataburger will be made just like you like it, 24 hours a day, seven days a week.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | 3,074 SF | - | Net | Oct 2028 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 256991 | Improvements Assessment | $763,330 CAD |
| Land Assessment | $833,158 CAD | Total Assessment | $1,596,488 CAD |
PROPERTY TAXES
Presented by
Whataburger - Excellent Store Sales | 9102 Mcpherson Ave
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