Restaurant
Whataburger Ground Lease
13229 N Pennsylvania Ave, Oklahoma City, OK 73120
Listing Price: $1,936,000
Cap Rate
5.00%
Tenant Name
Whataburger
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
2,530
Lease Type
NNN Ground Lease
Rent Per Square Feet
$38.26
Investment Overview
Unique opportunity to purchase an established corporate guaranteed ground lease priced below replacement cost.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
Financing By
Listing Price: $1,936,000
Cap Rate
5.00%
Tenant Name
Whataburger
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
2,530
Lease Type
NNN Ground Lease
Rent Per Square Feet
$38.26
Investment Highlights
- Corporate Guaranteed Lease
- Absolute Triple Net (NNN) Ground Lease - No Landlord expense or maintenance responsibilities
- Fixed Rental Increases - 10% Rental Increases every 5 years
Investment Overview
Unique opportunity to purchase an established corporate guaranteed ground lease priced below replacement cost.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
Financing By
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