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Restaurant

Corp. Whataburger w/ Drive Thru | Fort Worth | NNN Ground Lease | Low Rent & Strong Sales

2236 Jacksboro Hwy, Fort Worth, TX 76114

Listing Price: $2,035,000

Cap Rate
4.00%
Tenant Name
Whataburger
Years Remaining On Lease
8.0
Gross SF
2,961
Guarantor
Corporate Guarantee
Rentable SF
2,961
Price/Gross SF
$687.27
Lease Type
NNN Ground Lease
Rent Per Square Feet
$27.49

Investment Overview

Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles into three other counties: Denton, Parker, and Wise. According to the 2019 census estimates, Fort Worth’s population was 909,585. Fort Worth is the second-largest city in the Dallas–Fort Worth–Arlington metropolitan area, which is the fourth-most populous metropolitan area in the United States. Fort Worth has become one of the fastest-growing cities in the United States in recent years, particularly in the 21st century, and has more than doubled its population since 2000. Fort Worth is home to the Van Cliburn International Piano Competition and several world-class museums designed by internationally known contemporary architects. The Kimbell Art Museum, considered to have one of the best art collections in Texas, is housed in what is widely regarded as one of the outstanding architectural achievements of the modern era. The museum was designed by American architect Louis Kahn, with an addition designed by world-renowned Italian architect Renzo Piano opening November 2013. Also of note is the Modern Art Museum of Fort Worth, designed by Tadao Ando. The Amon Carter Museum of American Art, designed by Philip Johnson, houses one of the world’s most extensive collections of American art.

Investment Highlights

  • Absolute Net Ground Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Increases at Each Option.
  • This Building Features a Drive-Thru. Strong Performing Location with Sales Over $3M Annually Per Restaurant Trends.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility near a Major Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 51k Vehicles.
  • Close to Naval Air Station Joint Reserve Base - a Joint Defense Facility which plays a Pivotal Role in Training and Equipping Air Crews and Aviation Ground Support Personnel.
  • Directly Across from a Walmart Supercenter and near Numerous other National Retailers. Near Lake Worth Towne Crossing - a Shopping Center Anchored by Target, Hobby Lobby, Ross, Michaels and more.
  • Minutes from Lockheed Martin Aeronautics / United States Air Force Plant 4 - a Government-Owned, Contractor-Operated Aerospace Facility and one of the Largest Employers in the Area with a Staff of approximately 17k People.
  • In Close Proximity to Fort Worth Meacham International Airport - The Airport has a Significant Impact on the Local Economy, bringing in more than $164M in Economic Activity.
  • Walking Distance from North Side High School - The High School is one of the Largest in the Area and has a Total Enrollment of more than 1,765 Students. Densely Populated Area: Features more than 224k People Residing within a 5-Mile Radius. Fort Worth has become one of the Fastest-Growing Major Cities in the United States.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Restaurant

Corp. Whataburger w/ Drive Thru | Fort Worth | NNN Ground Lease | Low Rent & Strong Sales

Listing Price: $2,035,000

Cap Rate
4.00%
Tenant Name
Whataburger
Years Remaining On Lease
8.0
Gross SF
2,961
Guarantor
Corporate Guarantee
Rentable SF
2,961
Price/Gross SF
$687.27
Lease Type
NNN Ground Lease
Rent Per Square Feet
$27.49

Investment Highlights

  • Absolute Net Ground Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Increases at Each Option.
  • This Building Features a Drive-Thru. Strong Performing Location with Sales Over $3M Annually Per Restaurant Trends.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility near a Major Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 51k Vehicles.
  • Close to Naval Air Station Joint Reserve Base - a Joint Defense Facility which plays a Pivotal Role in Training and Equipping Air Crews and Aviation Ground Support Personnel.
  • Directly Across from a Walmart Supercenter and near Numerous other National Retailers. Near Lake Worth Towne Crossing - a Shopping Center Anchored by Target, Hobby Lobby, Ross, Michaels and more.
  • Minutes from Lockheed Martin Aeronautics / United States Air Force Plant 4 - a Government-Owned, Contractor-Operated Aerospace Facility and one of the Largest Employers in the Area with a Staff of approximately 17k People.
  • In Close Proximity to Fort Worth Meacham International Airport - The Airport has a Significant Impact on the Local Economy, bringing in more than $164M in Economic Activity.
  • Walking Distance from North Side High School - The High School is one of the Largest in the Area and has a Total Enrollment of more than 1,765 Students. Densely Populated Area: Features more than 224k People Residing within a 5-Mile Radius. Fort Worth has become one of the Fastest-Growing Major Cities in the United States.

Investment Overview

Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles into three other counties: Denton, Parker, and Wise. According to the 2019 census estimates, Fort Worth’s population was 909,585. Fort Worth is the second-largest city in the Dallas–Fort Worth–Arlington metropolitan area, which is the fourth-most populous metropolitan area in the United States. Fort Worth has become one of the fastest-growing cities in the United States in recent years, particularly in the 21st century, and has more than doubled its population since 2000. Fort Worth is home to the Van Cliburn International Piano Competition and several world-class museums designed by internationally known contemporary architects. The Kimbell Art Museum, considered to have one of the best art collections in Texas, is housed in what is widely regarded as one of the outstanding architectural achievements of the modern era. The museum was designed by American architect Louis Kahn, with an addition designed by world-renowned Italian architect Renzo Piano opening November 2013. Also of note is the Modern Art Museum of Fort Worth, designed by Tadao Ando. The Amon Carter Museum of American Art, designed by Philip Johnson, houses one of the world’s most extensive collections of American art.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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