Whataburger | Corsicana, TX
8+ Yr. Remaining | Corporate Absolute NNN | 10% Increases Every Five
Marketing description
Introducing a prime investment opportunity at the 1709 W 7th Avenue in Corsicana, Texas! This single-tenant absolute NNN property offers a secure income stream with corporate tenant Whataburger Restaurants, LLC. Boasting over 8 years remaining on the lease term, with scheduled rental increases and options to extend, this investment guarantees a steady cash flow. Situated in a high-traffic area with excellent visibility and access, this property is strategically located in a dense retail corridor near Navarro College, catering to a large student population and drawing in steady consumer traffic. With a fee simple ownership structure and the tenant responsible for all expenses, this is an ideal passive investment opportunity. The property features a spacious 3,617 SF rentable area on approximately 1.17 acres of land, with ample parking spaces. Don't miss out on this exceptional investment with a net operating income of $248,056 and a cap rate of 5.52%.
Investment highlights
8+ Years Remaining | Options To Extend | Scheduled Rental Increases
Absolute NNN | Fee Simple Ownership
Excellent Visibility & Access | Navarro College (3,100+ Students) | Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
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