1031 Deal Hub

Whataburger

Overview

Whataburger is a renowned fast-food chain recognized for its iconic orange-and-white striped logo and its focus on quality, made-to-order meals. Founded in Corpus Christi, Texas, in 1950 by Harmon Dobson and Paul Burton, the brand began as a small roadside burger stand and has since grown into a beloved name with over 1,000 locations and an estimated $3 billion in revenue. Known for its flavorful burgers, chicken sandwiches, breakfast items, salads, and milkshakes, Whataburger has built a loyal customer base. As a net lease tenant, Whataburger is highly appealing to investors due to its strong brand recognition, steady customer demand, and reliable financial performance. Its long-term net leases, where tenants handle expenses like property taxes, insurance, and maintenance, provide investors with stable and predictable income streams.
Lowest Cap Rate

3.80%

Average Cap Rate

4.82%

Property & Lease

Average Sale Price

$3,083,760

Average NOI

$149,362

Building SF

3,000 – 4,000

Lease Term

15-20 years

Escalations

Varies

Stock Symbol

N/A
Credit Rating

S&P

N/A

Moody’s

N/A

Tenants

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