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Restaurant

Wing Daddy's | 37 Unit Corporate 15 Yr NNN Lease

4801 N Ware Rd, McAllen, TX 78504

Listing Price: $2,354,000

Cap Rate
6.50%
Tenant Name
Wing Daddy's Sauce House
Years Remaining On Lease
14.7
Gross SF
4,000
Guarantor
Corporate Guarantee
Rentable SF
4,000
Price/Gross SF
$588.50
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.25

Investment Overview

Wing Daddy’s offers made-to-order menu items, 23 made-from-scratch sauces, and a variety of delicious drinks. With nearly 40 locations throughout El Paso, San Antonio, Dallas/Fort Worth, the Rio Grande Valley, and Mexico, Wing Daddy’s is rapidly growing throughout Texas and Mexico.

McAllen is the largest city in Hidalgo County, Texas and is located at the southern tip of the state in the Rio Grande Valley just a few miles north of the U.S.-Mexico Border. The city limits extend south to the Rio Grande, across from the Mexican city of Reynosa. McAllen is approximately 70 miles west of the Gulf of Mexico.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Growing Regional Tenant with 37 Locations Throughout Texas and Mexico
  • High-Quality 2024 Construction with a Full Bar and an Outdoor Patio
  • More Than 46,000 Cars per Day at the Nearby Intersection of Buddy Owens Boulevard and North Ware Road
  • 227,304 Residents within a Five-Mile Radius with Households and Population Projected to Increase Six Percent in the Surrounding Area by 2028
  • McAllen is One of the Largest Cities in the Rio Grande Valley Attracting 18 Million Visitors Annually, Primarily from South Texas and Northern Mexico
  • Close Proximity to National Tenants: Burger King, Family Dollar, Target, Walmart, etc.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

Wing Daddy's | 37 Unit Corporate 15 Yr NNN Lease

Listing Price: $2,354,000

Cap Rate
6.50%
Tenant Name
Wing Daddy's Sauce House
Years Remaining On Lease
14.7
Gross SF
4,000
Guarantor
Corporate Guarantee
Rentable SF
4,000
Price/Gross SF
$588.50
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.25

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Growing Regional Tenant with 37 Locations Throughout Texas and Mexico
  • High-Quality 2024 Construction with a Full Bar and an Outdoor Patio
  • More Than 46,000 Cars per Day at the Nearby Intersection of Buddy Owens Boulevard and North Ware Road
  • 227,304 Residents within a Five-Mile Radius with Households and Population Projected to Increase Six Percent in the Surrounding Area by 2028
  • McAllen is One of the Largest Cities in the Rio Grande Valley Attracting 18 Million Visitors Annually, Primarily from South Texas and Northern Mexico
  • Close Proximity to National Tenants: Burger King, Family Dollar, Target, Walmart, etc.

Investment Overview

Wing Daddy’s offers made-to-order menu items, 23 made-from-scratch sauces, and a variety of delicious drinks. With nearly 40 locations throughout El Paso, San Antonio, Dallas/Fort Worth, the Rio Grande Valley, and Mexico, Wing Daddy’s is rapidly growing throughout Texas and Mexico. McAllen is the largest city in Hidalgo County, Texas and is located at the southern tip of the state in the Rio Grande Valley just a few miles north of the U.S.-Mexico Border. The city limits extend south to the Rio Grande, across from the Mexican city of Reynosa. McAllen is approximately 70 miles west of the Gulf of Mexico.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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