Investment Overview

OUTPARCEL TO WALMART SUPERCENTER (2.26M ANNUAL CUSTOMERS) DRIVE THRU EQUIPPED & OPEN 24 HOURS • The subject property is an outparcel to a 206,000 square foot shopping center anchored by a Walmart Supercenter that supports over 2.26 million customers annually • This Whataburger has a drive thru and is open 24 hours. • Surrounding retailers within a 1 mile radius include Publix, Home Depot, Kroger, and more. • 700 Luxury apartments and about 10,000 square feet of retail space is proposed on 39 Acres adjacent to this Whataburger. • Newly constructed Seckinger High School is adjacent to this property. The campus sits on 85 acres and has 2,800 students enrolled. SIGNALIZED INTERSECTION (47,800 VPD) & DIRECTLY OFF INTERSTATE 85 (90,500 VPD) • Whataburger is positioned at the signalized intersection of Hamilton Mill Rd and Sardis Church Rd which sees a combined 47,800 vehicles per day. • Located directly off an Interstate 85 exit that supports 90,500 vehicles per day. AFFLUENT NORTH ATLANTA SUBURB | 5 MILE POPULATION: 131,268 & AVG HHI: $130,991 • Buford is an affluent and growing suburb about 35 miles northeast of downtown Atlanta. • The 5 mile population from the subject property is 131,268 with a projected growth rate of 6.81% from 2024-2029. The 5 mile population experienced a 28.50% increase from 2010-2020. • The average household income within a 5 mile radius is $130,991 and is expected to increase to $144,426 by 2029. • Buford is located in Gwinnett County which is the fastest growing county in the state with over 1 million residents. • Atlanta is home to multiple Fortune 500 companies including the Coca-Cola Company, Home Depot, Delta Air Lines, and more. • Atlanta is also home to the busiest airport in the world, Hartsfield-Jackson Atlanta International Airport, which handles more than 108 million passengers per year. NEW 15 YEAR NNN CORPORATE WHATABURGER GROUND LEASE • Whataburger signed a 15 year NNN corporate guaranteed ground lease that commenced in June of 2025. • There are 100% no landlord responsibilities and the tenant is responsible for all taxes, insurance, roof, structure, and parking lot. • The rent increases by 10% every 5 years in the initial lease term and in each of the three, 5 year option periods. WHATABURGER | 1,157 LOCATIONS ACROSS 17 STATES • Whataburger was founded in 1950 and is headquartered in San Antonio, TX. • 1,157 locations across 17 states, has over 51,000 employees, and does over $4.1 billion in System-wide sales annually. • In 2019, private equity firm BDT Capital Partners, best known for taking ownership of Krispy Kreme and Panera Bread, acquired a majority interest in Whataburger. Since then, Whataburger has worked to grow and its franchised locations into new markets more aggressively, as well as re-design its outlets. • In 2021, Newsweek ranked Whataburger #2 for “Fast-Food Restaurant Chains” in its annual “America’s Best Customer Service” List.