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Restaurant

Whataburger | 20-Year Absolute NNN Lease

2775 Dr John Haynes Dr, Pell City, AL 35125

Listing Price: $2,900,000

Tenant Name
Whataburger
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
3,600
Lease Type
Absolute Net
Rent Per Square Feet
$50.35

Investment Overview

NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
- Freestanding single tenant quick-service restaurant 100% leased to Whataburger (no Landlord management or maintenance obligations whatsoever)
- Passive long-term lease shall commence upon Close of Escrow offering a new investor the maximum attainable term
SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS

OPEN 24 HOURS / 7-DAYS PER WEEK

LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA
-Building design includes a dual-lane drive-through to expedite
ordering and increase volume

WHATABURGER - RENOWNED BURGER CHAIN & RAPIDLY EXPANDING
- Privately owned American fast-food chain with over 1,000 locations
- Headquartered in San Antonio and currently operating in 15 States
- Annual sales revenues exceed $3.7 Billion
- Consistently Ranked in the Top 25 Fast Food chains in the U.S.

Investment Highlights

  • Brand New 20-Year Absolute NNN Ground Lease
  • 10% Rent Increases Every 5-Years During Primary Lease Term & Options
  • Open 24-Hours | Dominant Retail Hub

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Restaurant

Whataburger | 20-Year Absolute NNN Lease

Listing Price: $2,900,000

Tenant Name
Whataburger
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
3,600
Lease Type
Absolute Net
Rent Per Square Feet
$50.35

Investment Highlights

  • Brand New 20-Year Absolute NNN Ground Lease
  • 10% Rent Increases Every 5-Years During Primary Lease Term & Options
  • Open 24-Hours | Dominant Retail Hub

Investment Overview

NEW 20-YEAR ABSOLUTE NNN GROUND LEASE - Freestanding single tenant quick-service restaurant 100% leased to Whataburger (no Landlord management or maintenance obligations whatsoever) - Passive long-term lease shall commence upon Close of Escrow offering a new investor the maximum attainable term SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS OPEN 24 HOURS / 7-DAYS PER WEEK LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA -Building design includes a dual-lane drive-through to expedite ordering and increase volume WHATABURGER - RENOWNED BURGER CHAIN & RAPIDLY EXPANDING - Privately owned American fast-food chain with over 1,000 locations - Headquartered in San Antonio and currently operating in 15 States - Annual sales revenues exceed $3.7 Billion - Consistently Ranked in the Top 25 Fast Food chains in the U.S.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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