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Vacant-User

Whataburger - Brand-New 20-Year Lease and 2024 Construction

5315 S Mill St, Pryor, OK 74361

Listing Price: $4,850,000

Cap Rate
6.65%
Gross SF
3,371
Rentable SF
3,371
Price/Gross SF
$1,438.74
Lot Size
92,347.00 acres
Year Built
2024

Investment Overview

Brand-New Construction Completed in 2024 with a 20-Year Lease Agreement

The Latest Prototype Double Drive-Thru Location is Designed to Handle Increased Order Volume


- Prime Retail Location -

- Located on Hwy 69 with Traffic Counts Exceeding 23,000 Cars Per Day

- The Subject Property boasts an Expansive 2.12-Acre Lot, Providing Ample Space for 49 Parking Spots

- Outparcel to the Only Walmart Supercenter within 20 Miles – Walmart Recently Expanded and Renovated into a Supercenter, Proving Their Commitment to the Location

- Within Close Proximity to Several Major Retailers such as Murphy USA, Domino’s Pizza, RCB Bank, Chili’s Grill & Bar, Verizon, Braum’s Ice Cream, Kum & Go, Tractor Supply, Taco Bell, and Many More


- Experienced Franchisee -

- Absolute NNN Property with Zero 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 K-Mac Enterprises, a Strong Operator with Over 320 QSR Locations

- Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term Provide for an Excellent Hedge Against Inflation


- Pride of Property Ownership Pryor, OK -

- Located within 2 Miles of MidAmerica Industrial Park, Oklahoma's Largest Industrial Park Spanning 9,000 Acres

- In 2022 Google Invested Another $75 Million into their Facilities at MidAmerica Industrial Park Bringing their Total Investment up to $4.4 Billion

- Average Household Income within 1 Mile Exceeds $75,000

Investment Highlights

  • Brand-New Construction Completed in 2024 with a 20-Year Lease Agreement
  • The Latest Prototype Double Drive-Thru Location is Designed to Handle Increased Order Volume
  • Located on Hwy 69 with Traffic Counts Exceeding 23,000 Cars Per Day

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Vacant-User

Whataburger - Brand-New 20-Year Lease and 2024 Construction

Listing Price: $4,850,000

Cap Rate
6.65%
Gross SF
3,371
Rentable SF
3,371
Price/Gross SF
$1,438.74
Lot Size
92,347.00 acres
Year Built
2024

Investment Highlights

  • Brand-New Construction Completed in 2024 with a 20-Year Lease Agreement
  • The Latest Prototype Double Drive-Thru Location is Designed to Handle Increased Order Volume
  • Located on Hwy 69 with Traffic Counts Exceeding 23,000 Cars Per Day

Investment Overview

Brand-New Construction Completed in 2024 with a 20-Year Lease Agreement The Latest Prototype Double Drive-Thru Location is Designed to Handle Increased Order Volume - Prime Retail Location - - Located on Hwy 69 with Traffic Counts Exceeding 23,000 Cars Per Day - The Subject Property boasts an Expansive 2.12-Acre Lot, Providing Ample Space for 49 Parking Spots - Outparcel to the Only Walmart Supercenter within 20 Miles – Walmart Recently Expanded and Renovated into a Supercenter, Proving Their Commitment to the Location - Within Close Proximity to Several Major Retailers such as Murphy USA, Domino’s Pizza, RCB Bank, Chili’s Grill & Bar, Verizon, Braum’s Ice Cream, Kum & Go, Tractor Supply, Taco Bell, and Many More - Experienced Franchisee - - Absolute NNN Property with Zero 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 K-Mac Enterprises, a Strong Operator with Over 320 QSR Locations - Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term Provide for an Excellent Hedge Against Inflation - Pride of Property Ownership Pryor, OK - - Located within 2 Miles of MidAmerica Industrial Park, Oklahoma's Largest Industrial Park Spanning 9,000 Acres - In 2022 Google Invested Another $75 Million into their Facilities at MidAmerica Industrial Park Bringing their Total Investment up to $4.4 Billion - Average Household Income within 1 Mile Exceeds $75,000

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

Financing By

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