Morton's Travel Stop & Whataburger
Truck Stop + Whataburger | 10yr Leases | 7 AC Parcel
Marketing description
SRS Real Estate Partners is pleased to exclusively market for sale the recently remodeled Morton's Travel Stop and Whataburger located at 1603 North Texana Street in Hallettsville, Texas. This NNN multi-tenant investment opportunity features two strong national tenants on an oversized 7-acre parcel with 10-year leases and built-in rental increases.
The property benefits from strong co-tenancy with Whataburger, driving consistent customer traffic to the site. The subject property is strategically positioned along Highway 77 North (9,636 VPD) with excellent frontage and visibility providing ease of access to customers and employees. This is an absolute NNN investment with zero landlord responsibilities, as the tenant pays for CAM, taxes, insurance and maintains all aspects of the premises. The property is situated in a dense retail corridor surrounded by major national retailers such as Walmart, Brookshire Brothers Grocery, McDonalds, Dollar General and Tractor Supply Co.
The property sits on approximately 7 acres of land, providing value-add upside through further future development. The location is ranked in the top 12th percentile in TX and top 14th percentile Nationwide for Convenience Store foot traffic according to Placer.ai. This represents an ideal, management-free investment for a passive investor seeking a stable income stream with scheduled rental increases and long-term tenant commitment.
Investment highlights
- Newly Remodeled Morton's Travel Stop and Whataburger Offering | 10 Years Remaining | Options To Extend | Scheduled Rental Increases
- New 10-year lease term with three (5-year) renewal options, demonstrating the tenant's long-term commitment to the site
- Built in rental increases every 5 years throughout the initial term and at the beginning of each renewal option, providing steady NOI growth and a hedge against inflation
- Top 12th percentile in TX and top 14th percentile Nationwide for Convenience Store foot traffic (Placer.ai)
- 16 fuel pumps with options for diesel
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
- No landlord responsibilities
- Ideal, management-free investment for a passive investor
- Strong Co-Tenancy | High Visibility Interstate Corridor | Excellent Frontage Visibility
- Strong co-tenancy with Whataburger, driving consistent customer traffic to the site
- The subject property is strategically positioned along Highway 77 North (9,636 VPD) with excellent frontage and visibility providing ease of access to customers and employees
- Growing Whataburger Franchisee
- Whataburger ranked #2 in average sales per unit in 2025 in the burger category, according to QSR Magazine
- Strategic Location
- Situated in a dense retail corridor surrounded by major national retailers such as Walmart, Brookshire Brothers Grocery, McDonalds, Dollar General and Tractor Supply Co
- Surrounded by several local traffic drivers such as Lavaca Medical Center (~8,000 patients seen annually), Hallettsville Golf Course, Hallettsville City Park, Hallettsville High School (424 students) and the Lavaca Exposition Center
- Half-way point between Houston and San Antonio
- Large Oversized Lot
- The property sits on approximately 7 acres of land, providing value-add upside through further future development
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