Mustang, OK - Whataburger

Description:

• The tenant currently has 12+ years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation
• Headquartered in San Antonio, they have stayed close to their roots while building system-wide revenue of more than $4 billion annually across our 16-state footprint and over 1,090 restaurants

• The subject property is located along N Mustang Road, a major retail road that averages 18,500 vehicles passing by daily
• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Lowe’s, Walmart Supercenter, Tractor Supply Co, Dollar General, Anytime Fitness, and many more
• The asset is in close proximity to Mustang High School (3,858 students), further increasing consumer traffic to the immediate trade area

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Listing ID: a28TP000003lZlNYAU