Whataburger - Excellent Store Sales | 9102 Mcpherson Ave
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Whataburger - Excellent Store Sales 9102 Mcpherson Ave
3,074 SF Retail Building Laredo, TX 78045 £3,521,025 (£1,145/SF) 5.47% Net Initial Yield
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
--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
Phone: (972) 755-5200
--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
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,074 SF
Year Built
2003
Price
£3,521,025
Price Per SF
£1,145
Net Initial Yield
5.47%
NOI
£192,483
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Land Acres
0.73 AC
Zoning
B-3
Walk Score ®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 256991 | Improvements Assessment | £420,878 |
| Land Assessment | £459,379 | Total Assessment | £880,256 |
PROPERTY TAXES
Parcel Number
256991
Land Assessment
£459,379
Improvements Assessment
£420,878
Total Assessment
£880,256
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Whataburger - Excellent Store Sales | 9102 Mcpherson Ave
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