9102 Mcpherson Ave - Fast Food FOR SALE


Laredo, TX 78045
$4,500,000 USD
949-350-5431
9102 Mcpherson Ave, Laredo, TX for Sale
$4,500,000 USD
Fast Food - FOR SALE
1/6
null | 5.47% Cap Rate

9102 Mcpherson Ave
Laredo, TX 78045


HIGHLIGHTS

  • Proven Location with Increasing Sales
  • Rent Increases Tied to CPI and Percentage Rent with No Maximum Cap
  • Located on the Corner of a Signalized Intersection with Traffic Counts Exceeding 57,000 Cars Per Day
  • Operated by Whataburger of Alice, the Longest Running Whataburger Franchisee who has been Operating for 70+ Years

OVERVIEW

--Proven Location with Increasing Sales-- --Rent Increases Tied to CPI and Percentage Rent with No Maximum Cap-- --Prime Retail Location-- -Located on the Corner of a Signalized Intersection with Traffic Counts Exceeding 57,000 Cars Per Day -The Subject Property boasts an Expansive Lot, Providing Ample Space for 25 Parking Spots -Located within 1 Mile of Doctors Hospital of Laredo with 180 Beds -Located in Close Proximity to Several Major Retailers such as Exxon, Domino’s Pizza, O’Reilly Auto Parts, HEB Grocery Store, PNC Bank, Family Dollar, Smoothie King, Starbucks, and Many More --Experienced Franchisee-- -NNN Property with Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market -Whataburger has the Highest Average Sales Per Store of all Burger Quick Service Restaurants at $3.54 Million per Store -Whataburger's Sales Skyrocketed in 2021, Reaching $3.09 Billion – A 14.5% Increase From 2020 -Whataburger has 873+ Locations Nationwide | Operated by Whataburger of Alice, the Longest Running Whataburger Franchisee who has been Operating for 70+ Years --Pride of Property Ownership Laredo, TX-- -Strong Workforce and Daytime Population of over 144,000 Employees within a 5 Mile Radius -Population and Households Projected to Increase 6% within a 5 Mile Radius by 2028 -Laredo is the Nation’s Largest Inland Port with Daily Commercial Traffic of 14,000 Trucks and 1,200 Rail Cars -Average Household Income Within 3 Miles Exceeds $105,000 Broker of Record: Tim Speck License: #9002994 5001 Spring Valley Road, Suite 100W Dallas, TX 75244 Phone: (972) 755-5200

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$1,464 USD /SF

CAP RATE

5.47%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger - Excellent Store Sales

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

B-3

APN/PARCEL ID

256991

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

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Ron DuongMarcus & MillichapMore Info
949-350-5431

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