Retail Investment Property Sold: Whataburger – White Oak, Texas
Challenges:
- NN leased asset with owner responsible for roof and structure.
- Franchised location with a small 10 unit operator.
- Located in a tertiary market of East Texas and connected to gas station.
Solutions and Services Provided:
- Focused on the Tenant’s nearly 50 year history of successful Whataburger operations in the area.
- Successfully displayed recent improvements to the building as a sign of Tenant’s commitment to the site.
Results:
- Out of state investor was located and asset was sold at a very strong price point.
- Worked through roof issues that were discovered during feasibility using negotiating skills and logic driven communication with Buyer.
Contact HighStreet Net Lease Group for information about how we can assist in the disposition or acquisition of your retail investment property.
