$3,940,000 USD
818-259-0476
1120 W Pipeline Rd
Hurst, TX 76053
Outer N Richland Hill/Haltom City
HIGHLIGHTS
- Corporate NNN Lease: Passive income from Whataburger Restaurants, LLC with zero landlord responsibilities.
- Proven Performance: 40-year operating history with sales growth up 13% since 2022 (surpassing $4.08 million).
- Contractual Growth: 10% rent increases every 5 years provide consistent income appreciation.
- High-Traffic Location: Signalized corner (25,990 VPD) adjacent to I-820 and the 1.3 million SF North East Mall.
- Dense Demographics: Established trade area supporting 265,000+ residents within a 5-mile radius.
- Long-Term Commitment: Recently extended corporate lease secures stable income through May 2037, with two additional five-year renewal options.
FOR SALE DETAILS
PRICE
$3,940,000 USD
PRICE/SF
$1,410 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Whataburger
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,155 SF
ZONING
-
APN/PARCEL ID
01756885
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818-259-0476
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818-259-0476
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