- Corporate signed lease by Whataburger Restaurants, LLC
- The tenant has over 8 years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site
- The lease 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
Investment Offering
Duncanville, TX - Whataburger
311 W Camp Wisdom Rd | Duncanville, TX 75116
$3,795,000
Price5.51%
Cap Rate$209,080
NOIDescription
Location
- The subject property is located along W Camp Wisdom Rd, a retail road serving Duncanville that averages 22,500 VPD
- The site benefits from nearby direct on/off ramp access to Interstate 20, a major interstate that averages 186,000 vehicles passing by daily
- The asset is ideally located in a dense retail corridor, with numerous nearby national/credit retailers including Kroger, 7-Eleven, Walgreens, Crunch Fitness, Autozone, Advance Auto Parts, Family Dollar and many more
- Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Documents & Links
| View | ||
|---|---|---|
 Click for CA & OM |  |  |
Contact
Matthew Mousavi
Sr Managing Principal & Co-Head of National Net Lease
949.698.1116949.698.1116[email protected]CA #: 01732226
Patrick Luther, CCIM
Sr Managing Principal & Co-Head of National Net Lease
949.698.1115949.698.1115[email protected]CA #: 01912215
Patrick Nutt
Sr Managing Principal & Co-Head of National Net Lease
954.302.7365954.302.7365[email protected]FL #: BK3120739