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Restaurant

Whataburger | 20-Year Absolute NNN Lease

6813 US-431 SE, Owens Cross Roads, AL 35763

Listing Price: $3,000,000

Cap Rate
6.00%
Tenant Name
Whataburger
Years Remaining On Lease
20.7
Guarantor
Franchisee Guarantee
Rentable SF
2,000
Lease Type
Ground Lease
Rent Per Square Feet
$90.00

Investment Overview

See full offering memorandum for details.

Investment Highlights

  • Brand New 20-Year Absolute NNN Ground Lease
  • Affluent Huntsville suburb location with $171,729 Avg. HHI within a 1-mile radius
  • Dominant retail hub location surrounded by national retailers including Walmart Supercenter, Lowe's, Publix, AutoZone, Tire Discounters, Verizon, Dunkin', Circle K, Regions Bank, Dollar Tree, Dutch Br
  • New 2025 Construction with Dual-Lane Drive-Through (OPEN 24-HOURS)
  • 10% Increases Every 5-Years during primary term and options
  • Whataburger - #2 Ranked Burger Chain by Avg. Unit Volume with over 1,000 locations across 15 States and rapidly expanding*

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Restaurant

Whataburger | 20-Year Absolute NNN Lease

Listing Price: $3,000,000

Cap Rate
6.00%
Tenant Name
Whataburger
Years Remaining On Lease
20.7
Guarantor
Franchisee Guarantee
Rentable SF
2,000
Lease Type
Ground Lease
Rent Per Square Feet
$90.00

Investment Highlights

  • Brand New 20-Year Absolute NNN Ground Lease
  • Affluent Huntsville suburb location with $171,729 Avg. HHI within a 1-mile radius
  • Dominant retail hub location surrounded by national retailers including Walmart Supercenter, Lowe's, Publix, AutoZone, Tire Discounters, Verizon, Dunkin', Circle K, Regions Bank, Dollar Tree, Dutch Br
  • New 2025 Construction with Dual-Lane Drive-Through (OPEN 24-HOURS)
  • 10% Increases Every 5-Years during primary term and options
  • Whataburger - #2 Ranked Burger Chain by Avg. Unit Volume with over 1,000 locations across 15 States and rapidly expanding*

Investment Overview

See full offering memorandum for details.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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