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Restaurant

Whataburger Corporate Store | 1,000+ Locations

1705 Rte 291, Harrisonville, MO 64701

Listing Price: $2,190,000

Cap Rate
5.25%
Tenant Name
Whataburger
Years Remaining On Lease
14.3
Gross SF
3,787
Guarantor
Corporate Guarantee
Rentable SF
3,787
Price/Gross SF
$578.29
Lease Type
NNN Ground Lease
Rent Per Square Feet
$30.37

Investment Overview

Whataburger is a privately-held, American regional fast food restaurant chain headquartered and based in San Antonio, Texas. Today, Whataburger is still family owned and operated with over 43,000 employees and more than 1,000 locations across 14 states, with locations planned to open soon in Nevada and South Carolina.
Harrisonville is a city in and the county seat of Cass County, Missouri, home to over 10,000 residents. Located approximately 40 miles from Kansas City's central business district, Harrisonville is part of the Kansas City metropolitan area.

Investment Highlights

  • 15-Year Absolute Triple-Net (NNN) Corporate Ground Lease
  • Brand New High-Quality 2024 Construction with a Drive-Thru | Scheduled to Open Next Month
  • 10 Percent Rental Increases Every Five Years Throughout the Initial Term with Multiple Renewal Options
  • Excellent Frontage and Accessibility Along Route 291 with Immediate Access to Interstate 49, Providing a Direct Route to Kansas City
  • 34,289 Residents within a 10-Mile Radius in the Kansas City MSA
  • Less Than 1 Mile to Cass Regional Medical Center, a 38,000-SF Facility that Underwent a $2.1 Million Expansion and Renovation Project in 2023
  • Dense Retail Corridor Location Across from Walmart and Surrounding by National Tenants: McDonald's, Starbucks, Dollar Tree, and More
  • Average Household Income Exceeds $94,000 within 10 Miles

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Restaurant

Whataburger Corporate Store | 1,000+ Locations

Listing Price: $2,190,000

Cap Rate
5.25%
Tenant Name
Whataburger
Years Remaining On Lease
14.3
Gross SF
3,787
Guarantor
Corporate Guarantee
Rentable SF
3,787
Price/Gross SF
$578.29
Lease Type
NNN Ground Lease
Rent Per Square Feet
$30.37

Investment Highlights

  • 15-Year Absolute Triple-Net (NNN) Corporate Ground Lease
  • Brand New High-Quality 2024 Construction with a Drive-Thru | Scheduled to Open Next Month
  • 10 Percent Rental Increases Every Five Years Throughout the Initial Term with Multiple Renewal Options
  • Excellent Frontage and Accessibility Along Route 291 with Immediate Access to Interstate 49, Providing a Direct Route to Kansas City
  • 34,289 Residents within a 10-Mile Radius in the Kansas City MSA
  • Less Than 1 Mile to Cass Regional Medical Center, a 38,000-SF Facility that Underwent a $2.1 Million Expansion and Renovation Project in 2023
  • Dense Retail Corridor Location Across from Walmart and Surrounding by National Tenants: McDonald's, Starbucks, Dollar Tree, and More
  • Average Household Income Exceeds $94,000 within 10 Miles

Investment Overview

Whataburger is a privately-held, American regional fast food restaurant chain headquartered and based in San Antonio, Texas. Today, Whataburger is still family owned and operated with over 43,000 employees and more than 1,000 locations across 14 states, with locations planned to open soon in Nevada and South Carolina. Harrisonville is a city in and the county seat of Cass County, Missouri, home to over 10,000 residents. Located approximately 40 miles from Kansas City's central business district, Harrisonville is part of the Kansas City metropolitan area.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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