Restaurant
Whataburger | 20-Year Absolute NNN Lease
23065 John T Reid Pkwy, Scottsboro, AL 35769
Listing Price: $2,900,000
Investment Overview
Over six decades ago, an adventurous and determined entrepreneur named Harmon Dobson had a bold idea: to serve a burger so big that it took two hands to hold, and so good that after a single bite customers couldn’t help but exclaim, “What-a-burger!” He named his humble burger stand, located on Ayers Street in Corpus Christi, Texas, “Whataburger.” The founder’s original vision still inspires everything they do. Each and every Whataburger is still made to order—when it’s ordered. They still greet our customers with a smile 24 hours a day, seven days a week.
Whataburger | 20-Year Absolute NNN Lease
Investment Highlights
- New 20-Year Absolute NNN Ground Lease | No landlord maintenance or management obligations
- 10% Rent Increases every 5-years during the primary term and 6, 5-year option periods
- State-of-the-art building design with dual lane, wrap-around drivethrough | Modern digitally focused system to improve efficiency and convenience for customers
- Strong demographics with $82,835 Average HHI (1-Mile Radius)
- Whataburger| Renowned Burger Brand with over 1,000 locations across the South, Southwest, and Midwest U.S. generating over $3.7 billion in systemwide revenue annually
Broker of Record
Financing By
Listing Price: $2,900,000
Investment Highlights
- New 20-Year Absolute NNN Ground Lease | No landlord maintenance or management obligations
- 10% Rent Increases every 5-years during the primary term and 6, 5-year option periods
- State-of-the-art building design with dual lane, wrap-around drivethrough | Modern digitally focused system to improve efficiency and convenience for customers
- Strong demographics with $82,835 Average HHI (1-Mile Radius)
- Whataburger| Renowned Burger Brand with over 1,000 locations across the South, Southwest, and Midwest U.S. generating over $3.7 billion in systemwide revenue annually
Investment Overview
Over six decades ago, an adventurous and determined entrepreneur named Harmon Dobson had a bold idea: to serve a burger so big that it took two hands to hold, and so good that after a single bite customers couldn’t help but exclaim, “What-a-burger!” He named his humble burger stand, located on Ayers Street in Corpus Christi, Texas, “Whataburger.” The founder’s original vision still inspires everything they do. Each and every Whataburger is still made to order—when it’s ordered. They still greet our customers with a smile 24 hours a day, seven days a week.
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
Financing By
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