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14646 Blanco Road, San Antonio, TX , 78216
  • Size SF 3,168
  • Built/Renov2002/2006
  • Price/SF $781
  • Lease Start10-01-2002
  • Rent/SF$37.88
  • Lease Type Abs NNN
  • Lot/AC0.92
  • Pop 5MI234,045

2,475,000

  • Cap Rate 4.85%
  • NOI $120,000
  • R. Term/Yrs 7.3
  • Guarantor Corporate
  • # Units 946
  • In location for years

  • Major thoroughfare

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Dense 200M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Recently extended lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Whataburger has been operating in this location since 2002
  • There are over 9 years remaining on the current lease term with 3 (5-year) options to extend
  • Lease features an 8% rental increase in Nov ‘27, as well as 10% increases at the beginning of each option period
  • Absolute NNN ground lease featuring zero landlord responsibilities
  • Corporate guarantee by BDT Capital
  • Tenant Whataburger (GL)
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ, and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
13730 North Sarival Avenue, Surprise, AZ , 85388
  • Size SF 3,571
  • Built/Renov2021
  • Price/SF
    $773
    $791
  • Lease Start12-01-2021
  • Rent/SF$33.60
  • Lease Type Abs NNN
  • Lot/AC1.68
  • Pop 5MI176,644
2,758,620
2,824,000
  • Cap Rate
    4.35%
     
    4.25%
  • NOI $120,000
  • R. Term/Yrs 11.4
  • Guarantor Corporate
  • # Units 946
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Shopping Ctr out-parcel

  • Dense 100M+ pop 5 mi

  • Business growth area

  • New development zone

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • ...
  • Whataburger was built in 2021 and features a double drive-thru location
  • Whataburger Restaurants LLC has over 13 years remaining on its current lease with 3 (5-year) options to extend
  • Lease features 10% rental escalations every 5 years throughout the initial term and at each option
  • Absolute NNN ground lease zero landlord responsibilities
  • Corporate guarantee by BDT Capital with over 900+ units backed
  • Tenant Whataburger (GL)
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ, and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
211 West Del Mar Boulevard, Laredo, TX , 78040
  • Size SF 4,170
  • Built/Renov2023
  • Price/SF
    $571
    $598
  • Lease Start03-21-2023
  • Rent/SF$31.41
  • Lease Type Abs NNN
  • Lot/AC1.34
  • Pop 5MI182,533
2,381,800
2,495,000
  • Cap Rate
    5.50%
     
    5.25%
  • NOI $131,000
  • R. Term/Yrs 17.8
  • Guarantor Franchisee
  • # Units 13
  • New construction

  • Dense retail corridor

  • Highway close

  • Dense 100M+ pop 5 mi

  • Business growth area

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • New 2023 construction
  • Brand-new 20-year ground lease with 5 (5-year) options to extend
  • Lease features 5% rental increases every five years throughout the initial term and at each renewal option
  • Absolute NNN ground lease presents zero landlord responsibilities
  • Franchisee guarantee by Whataburger of Alice, Ltd. with 13 Whataburger restaurants backed
  • Population & households projected to increase between 7% - 9% within 5-mile radius
  • Tenant Whataburger of Alice, Ltd.
  • Guarantor Franchisee
  • #Units 13
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ, and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
2008 Rankin Hwy, Midland, TX , 79701
  • Size SF 4,600
  • Built/Renov2023
  • Price/SF $652
  • Lease Start11-01-2022
  • Rent/SF$29.35
  • Lease Type Abs NNN
  • Lot/AC1.77
  • Pop 5MI107,420

3,000,000

  • Cap Rate 4.50%
  • NOI $135,000
  • R. Term/Yrs 12.3
  • Guarantor Corporate
  • # Units 946
  • New prototype

  • Major thoroughfare

  • Dense retail corridor

  • Freeway close

  • Highway location

  • Dense 100M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Brand-new construction 2023 featuring largest Whataburger prototype
  • Whataburger has 14+ years remaining on their 15-year ground lease with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years in the primary term & option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Whataburger
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ, and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
121 West Russell Avenue, Bonham, TX , 75418
  • Size SF 3,751
  • Built/Renov2023
  • Price/SF $601
  • Lease Start03-11-2023
  • Rent/SF$26.13
  • Lease Type Abs NNN
  • Lot/AC1.07
  • Pop 5MI13,837

2,253,000

  • Cap Rate 4.35%
  • NOI $98,000
  • R. Term/Yrs 12.7
  • Guarantor Corporate
  • # Units 946
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • Strong tenant synergy

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • New Construction 2023
  • Brand new 15-year ground lease with 3 (5-year) options to extend
  • The lease includes 10% rental increases every five years and at the beginning of each option
  • Absolute NNN with zero landlord responsibilities
  • Corporate guaranteed by BDT Capital 
  • Tenant Whataburger
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ, and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
W McDowell Rd & North 107th Avenue, Avondale, AZ , 85392
  • Size SF 3,571
  • Built/Renov2023
  • Price/SF
    $747
    $791
  • Lease Start09-02-2023
  • Rent/SF$33.60
  • Lease Type Abs NNN
  • Lot/AC1.33
  • Pop 5MI277,704
2,667,000
2,824,000
  • Cap Rate
    4.50%
     
    4.25%
  • NOI $120,000
  • R. Term/Yrs 13.1
  • Guarantor Franchisee
  • # Units 325
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Freeway close

  • Top 100 MSA

  • Business growth area

  • New development zone

  • Brand new lease

  • Top franchise operator

  • ...
  • New 2023 construction
  • Brand-new 15-year lease with 3 (5-year) options to extend
  • Lease features 8% increases every 5 years throughout the initial term and at each option period
  • Absolute NNN ground lease with zero landlord responsibilities
  • Guarantee by top franchise operators Mark Peterson and Kyrstal Burge with more than 325 restaurants
  • Tenant Hot Burgers, LLC
  • Guarantor Franchisee
  • #Units 325
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ, and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
2014 South Rangeline Road, Joplin, MO , 64804
  • Size SF 3,787
  • Built/Renov2023
  • Price/SF $644
  • Lease Start11-01-2023
  • Rent/SF$32.22
  • Lease Type Abs NNN
  • Lot/AC2.24
  • Pop 5MI53,922

2,440,000

  • Cap Rate 5.00%
  • NOI $122,000
  • R. Term/Yrs 13.4
  • Guarantor Corporate
  • # Units 946
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Freeway close

  • Major MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Brand new 2023 construction
  • Whataburger recently signed a brand new 15-year lease with 3 (5-year) options to extend
  • Lease features 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Whataburger
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast-food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, soft drinks, and a breakfast menu. The company currently has over 50,000 employees and 946 locations, most of which are in TX and others in FL, AZ, and several other southern states. With more than $2.5B in revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman, and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
789 Business Park Drive, Prattville, AL , 36066
  • Size SF 3,500
  • Built/Renov2001/2023
  • Price/SF
    $724
    $769
  • Lease Start10-17-2023
  • Rent/SF$38.57
  • Lease Type Abs NNN
  • Lot/AC1.26
  • Pop 5MI61,138
2,535,000
2,690,000
  • Cap Rate
    5.33%
     
    5.02%
  • NOI $135,000
  • R. Term/Yrs 13.3
  • Guarantor Corporate
  • # Units 1,000
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway visibility

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • Over 1000 units backed

  • ...
  • Whataburger has 14+ years remaining on the current ground lease term with 3 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Whataburger
  • Guarantor Corporate
  • #Units 1,000
  • Stock Private

Whataburger is an American regional fast-food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, soft drinks, and a breakfast menu. The company currently has over 50,000 employees and 1000 locations, most of which are in TX and others in FL, AZ, and several other southern states. With more than $2.5B in revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman, and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
6105 Sherwood Way, San Angelo, TX , 76901
  • Size SF 3,751
  • Built/Renov2023
  • Price/SF $666
  • Lease Start02-01-2023
  • Rent/SF$29.33
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI64,235

2,500,000

  • Cap Rate 4.40%
  • NOI $110,000
  • R. Term/Yrs 12.6
  • Guarantor Corporate
  • # Units 946
  • New construction

  • New prototype

  • Dense retail corridor

  • Near major nationals

  • New development zone

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Corporate Guarantee

  • ...
  • Newest prototype construction that includes a dual lane drive-thru
  • New 15-Year Absolute NNN ground lease with 10% rental increases every 5 years plus 3 (5-year) options to renew
  • Lease is backed by a corporate guarantee
  • Tenant Whataburger Restaurants LLC
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
2710 S 99th Ave, Phoenix, AZ , 85353
  • Size SF 3,500
  • Built/Renov2023
  • Price/SF
    $879
    $937
  • Lease Start03-01-2023
  • Rent/SF$35.14
  • Lease Type Abs NNN
  • Lot/AC1.95
  • Pop 5MI207,000
3,075,000
3,280,000
  • Cap Rate
    4.00%
     
    3.75%
  • NOI $123,000
  • R. Term/Yrs 12.8
  • Guarantor Corporate
  • # Units 946
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • Strategically located

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Brand-new 2023 construction
  • Whataburger Restaurants LLC recently executed a brand-new 15-year lease with 3 (5-year) options to extend 
  • Ground lease features 8% increases every 5 years throughout the initial lease term and at each option period
  • Absolute NNN lease presents zero landlord responsibilities
  • Corporate guaranteed by BDT Capital
  • Tenant Whataburger (GL)
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ, and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
100 North 23rd Street, Canyon, TX , 79015
  • Size SF 3,156
  • Built/Renov2023
  • Price/SF $697
  • Lease Start12-20-2023
  • Rent/SF$34.85
  • Lease Type Abs NNN
  • Lot/AC0.82
  • Pop 5MI18,817

2,200,000

  • Cap Rate 5.00%
  • NOI $110,000
  • R. Term/Yrs 13.5
  • Guarantor Corporate
  • # Units 946
  • New construction

  • Dense retail corridor

  • Near major nationals

  • University college close

  • Major MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Brand new 2023 construction
  • Whataburger recently signed a brand new 15-year ground lease with 3 (5-year) options to extend
  • Lease features 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Whataburger
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast-food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, soft drinks, and a breakfast menu. The company currently has over 50,000 employees and 946 locations, most of which are in TX and others in FL, AZ, and several other southern states. With more than $2.5B in revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman, and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
1715 Gallatin Pike North, Madison, TN , 37115
  • Size SF 3,751
  • Built/Renov2022
  • Price/SF $726
  • Lease Start11-02-2022
  • Rent/SF$31.99
  • Lease Type Abs NNN
  • Lot/AC1.02
  • Pop 5MI109,145

2,725,000

  • Cap Rate 4.40%
  • NOI $120,000
  • R. Term/Yrs 12.4
  • Guarantor Corporate
  • # Units 946
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • New 2022 construction
  • Whataburger currently has 14 years remaining on the current lease term with 3 (5-year) options to extend
  • Ground lease features a 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Whataburger
  • Guarantor Corporate
  • #Units 946
  • Stock Private

Whataburger is an American regional fast food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, and soft drinks as well as a breakfast menu. The company currently has over 50,000 employees and 946 locations with a great majority of them located in TX and others in FL, AZ, and several other southern states. With more than $2.5B revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
1705 Route 291, Harrisonville, MO , 64701
  • Size SF 3,787
  • Built/Renov2024
  • Price/SF
    $519
    $552
  • Lease Start08-23-2023
  • Rent/SF$30.37
  • Lease Type Abs NNN
  • Lot/AC1.72
  • Pop 5MI14,058
1,966,000
2,091,000
  • Cap Rate
    5.85%
     
    5.50%
  • NOI $115,000
  • R. Term/Yrs 13.1
  • Guarantor Corporate
  • # Units 1,000
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • Over 1000 units backed

  • ...
  • Brand new 2024 construction
  • Whataburger has 14+ years remaining on the current ground lease term with 3 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Whataburger
  • Guarantor Corporate
  • #Units 1,000
  • Stock Private

Whataburger is an American regional fast-food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, soft drinks, and a breakfast menu. The company currently has over 50,000 employees and 1000 locations, most of which are in TX and others in FL, AZ, and several other southern states. With more than $2.5B in revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman, and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
410 Southwest Big Bend Trail, Glen Rose, TX , 76043
  • Size SF 2,000
  • Built/Renov2024
  • Price/SF $750
  • Lease Start11-15-2023
  • Rent/SF$33.75
  • Lease Type Abs NNN
  • Lot/AC1.01
  • Pop 5MI7,904

1,500,000

  • Cap Rate 4.50%
  • NOI $67,500
  • R. Term/Yrs 13.3
  • Guarantor Corporate
  • # Units 1,000
  • New construction

  • Signalized intersection

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • Whataburger has 14+ years remaining on the current ground lease term with 3 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Whataburger
  • Guarantor Corporate
  • #Units 1,000
  • Stock Private

Whataburger is an American regional fast-food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, soft drinks, and a breakfast menu. The company currently has over 50,000 employees and 1000 locations, most of which are in TX and others in FL, AZ, and several other southern states. With more than $2.5B in revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman, and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...
831 North Czech Hall Road, Yukon, OK , 73099
  • Size SF 41,906
  • Built/Renov2024
  • Price/SF
    $45
    $45
  • Lease Start01-16-2024
  • Rent/SF$2.27
  • Lease Type Abs NNN
  • Lot/AC0.96
  • Pop 5MI84,717
1,900,000
1,900,000
  • Cap Rate
    5.00%
     
    5.00%
  • NOI $95,000
  • R. Term/Yrs 18.6
  • Guarantor Franchisee
  • # Units 118
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Freeway visibility

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • 100+ unit franchisee backed

  • ...
  • Brand new 2024 construction
  • Whataburger has 19 years remaining on the current ground lease term with 4 (5-year) options to extend
  • The lease features 10% rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Vibe Restaurants (118 units backed)
  • Tenant Whataburger
  • Guarantor Franchisee
  • #Units 118
  • Stock Private

Whataburger is an American regional fast-food restaurant chain. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, TX, in 1950. Known for their many varieties of hamburgers, they also offer chicken sandwiches, sides, soft drinks, and a breakfast menu. The company currently has over 50,000 employees and 1000 locations, most of which are in TX and others in FL, AZ, and several other southern states. With more than $2.5B in revenue annually, Whataburger is headquartered in San Antonio, TX.

On June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. Byron David Trott is the founder, chairman, and CEO of BDT Capital Partners, a merchant bank that provides advice and capital to family and founder-led companies. BDT has partnered with other companies such as Krispy Kreme Doughnuts and Peet’s Coffee & Tea and currently has deployed more than $30B in capital.

...

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