Restaurant
Whataburger | New Construction | 20 Yr Absolute NNN Lease
211 W Del Mar Blvd, Laredo, TX 78040
Listing Price: $2,495,000
Investment Overview
Marcus & Millichap is pleased to present for sale Whataburger in Laredo, Texas. Whataburger is a privately-held, American regional fast food restaurant chain headquartered and based in San Antonio, Texas. Whataburger is family owned and operated with over 43,000 employees and more than 800 locations across Arizona, Arkansas, Alabama, Florida, Georgia, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. Each and every Whataburger® is made to order, using 100 percent pure beef. Whataburger of Alice, Ltd. currently operates 13 Whataburger franchised restaurants—11 in Laredo and two in Alice. Laredo sits on the north bank of the Rio Grande in South Texas, bordering the Mexican city of Nuevo Laredo. Founded in 1755, Laredo grew from a small village to the capital of the brief Republic of the Rio Grande to the largest inland port on the Mexico-United States border. Laredo’s economy is based on international trade with Mexico. The city has an approximate population of 236,100, making it the tenth-most populous city in the state and the third-most populated on the Mexico-United States border, after San Diego, California and El Paso, Texas.
Whataburger | New Construction | 20 Yr Absolute NNN Lease
Investment Highlights
- New 20-Year Franchisee Guaranteed Absolute Triple-Net Ground Lease
- Brand New 2023 Construction
- 5 Percent Rental Increases Every Five Years and Multiple Renewal Options
- 182,533 Residents within Five Mile Radius of Site - Growing Laredo Trade Area
- Population and Households Projected to Increase Between 7 Percent – 9 Percent within Five Mile Radius
- Surrounded by Major National Retailers - H-E-B, Target, Lowe's, HomeGoods, Marshalls, Best Buy, Walmart, The Home Depot, Harbor Freight, and Many More
- High-Income Area - Average Household Income Exceeds $100,200 within 1-Mile
- Excellent Accessible and Visible Location Along US-25 / Monarch Highway 83 (80,349 Cars per Day) and Del Mar Blvd (32,083 Cars per Day)
Restaurant
Whataburger | New Construction | 20 Yr Absolute NNN Lease
Listing Price: $2,495,000
Investment Highlights
- New 20-Year Franchisee Guaranteed Absolute Triple-Net Ground Lease
- Brand New 2023 Construction
- 5 Percent Rental Increases Every Five Years and Multiple Renewal Options
- 182,533 Residents within Five Mile Radius of Site - Growing Laredo Trade Area
- Population and Households Projected to Increase Between 7 Percent – 9 Percent within Five Mile Radius
- Surrounded by Major National Retailers - H-E-B, Target, Lowe's, HomeGoods, Marshalls, Best Buy, Walmart, The Home Depot, Harbor Freight, and Many More
- High-Income Area - Average Household Income Exceeds $100,200 within 1-Mile
- Excellent Accessible and Visible Location Along US-25 / Monarch Highway 83 (80,349 Cars per Day) and Del Mar Blvd (32,083 Cars per Day)
Investment Overview
Marcus & Millichap is pleased to present for sale Whataburger in Laredo, Texas. Whataburger is a privately-held, American regional fast food restaurant chain headquartered and based in San Antonio, Texas. Whataburger is family owned and operated with over 43,000 employees and more than 800 locations across Arizona, Arkansas, Alabama, Florida, Georgia, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. Each and every Whataburger® is made to order, using 100 percent pure beef. Whataburger of Alice, Ltd. currently operates 13 Whataburger franchised restaurants—11 in Laredo and two in Alice. Laredo sits on the north bank of the Rio Grande in South Texas, bordering the Mexican city of Nuevo Laredo. Founded in 1755, Laredo grew from a small village to the capital of the brief Republic of the Rio Grande to the largest inland port on the Mexico-United States border. Laredo’s economy is based on international trade with Mexico. The city has an approximate population of 236,100, making it the tenth-most populous city in the state and the third-most populated on the Mexico-United States border, after San Diego, California and El Paso, Texas.
