Whataburger – Laredo, TX
9102 McPherson Road, Laredo, TX 78045
Property Description
Price: $4,500,000
Land Area: ±0.73 AC (±31,701 SF)
Cap Rate: 5.47%
Gross Leasable Area: ±3,074 SF
Year Built: 2003
Investment Highlights
Proven Location with Increasing Sales
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
Contact Information
Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
[email protected]
License: CA 01958307
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643