Whataburger Ground Lease | Houston, TX — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Houston, TX 77027
  • Size: 3,305 SF

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the ground lease interest in the Whataburger located at 3929 Southwest Freeway, Houston, Texas (“Property” or “Asset”). Whataburger is operating on anew absolute NNN ground lease with zero landlord responsibilities,15 years of primary lease term, 10% rent escalations every 5 years in the primary term and in the three, five-year renewal options. Please execute and return the Confidentiality Agreement to receive the Offering Memorandum.

Market Context

This retail in Houston, TX is listed for sale across 3,305 SF. It has been on the market for 167 days. Compare it against other retail listings for sale in Houston, TX — view the full market.

As of Q1 2026, the Houston retail market showed average asking rents near $21.28/SF/yr, and cap rates around 7.7%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in Houston?
About 7.7% as of Q1 2026, per multiple brokerage reports.

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