3185 Long Prairie Rd - Fast Food FOR SALE


Flower Mound, TX 75022
$4,350,000 USD
719-243-6569
3185 Long Prairie Rd, Flower Mound, TX for Sale
$4,350,000 USD
Fast Food - FOR SALE
1/8
null | 4.5% Cap Rate

3185 Long Prairie Rd
Flower Mound, TX 75022


HIGHLIGHTS

  • Brand-new construction leased to Whataburger on a 15-year absolute NNN ground lease.
  • Corporate guarantee from Whataburger Restaurants LLC, a leading QSR brand with over 1,100 locations.
  • Scheduled 8% rent increases every five years, enhancing long-term income growth.
  • Located in Flower Mound, TX, a high-income suburb within the Dallas–Fort Worth metroplex.
  • Surrounded by strong retail co-tenancy, schools, and residential neighborhoods driving consistent traffic.
  • Three five-year renewal options provide extended stability for future ownership.

OVERVIEW

This offering features a newly constructed Whataburger ground lease in Flower Mound, Texas, one of the most desirable suburban markets within the Dallas–Fort Worth metroplex. The property is secured by a 15-year absolute NNN ground lease with Whataburger Restaurants LLC, a nationally recognized quick-service restaurant brand with over 1,100 locations across 17 states. The lease includes three 5-year renewal options and 8% rent escalations every five years, providing long-term income stability and built-in growth for investors. The site benefits from a high-traffic location along Long Prairie Road, a major thoroughfare surrounded by dense residential neighborhoods, schools, and retail destinations. Flower Mound boasts strong demographics, with average household incomes exceeding $150,000 within a three-mile radius and a growing population base. This affluence supports robust consumer spending and consistent demand for quick-service dining. With a purchase price of $4,350,000 and a 4.50% cap rate, this asset offers a secure, passive investment opportunity backed by a proven operator and a long-term lease structure. Positioned in a thriving community with excellent economic fundamentals, this property represents a compelling addition to any net-lease investment portfolio.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$1,311 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Josiah ByrnesEmbree Capital Markets GroupMore Info
719-243-6569

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Josiah ByrnesEmbree Capital Markets GroupMore Info
719-243-6569

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.