Whataburger | Sugar Land, TX
11+ Years Remaining | 10% Increases Every Five | Outparcel to First Colony Marketplace
Marketing description
Introducing an exclusive investment opportunity at 4530 Highway 6 in Sugar Land, Texas. This single-tenant property boasts over 11 years remaining on an Absolute NNN lease with scheduled rental increases, offering a solid net operating income of $252,747 at a 4.96% cap rate. Located in the bustling retail corridor near First Colony Marketplace and Riverstone Shopping Center, this property is strategically positioned for success. With a corporate lease from Whataburger Restaurants, LLC, this fee simple ownership opportunity presents a passive income stream with the tenant responsible for all expenses, making it an ideal investment for discerning investors. Surrounded by national and credit retailers like Hobby Lobby, Kohl’s, and Walmart, the property benefits from strong consumer draw and high traffic exposure. The dense surrounding demographics of over 213,000 residents and 113,000 employees further solidify this property's appeal.
Investment highlights
Over 11 Years Remaining | Options To Extend | Scheduled Rental Increases
Absolute NNN | Fee Simple Ownership
First Colony Marketplace | Riverstone Shopping Center |Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
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