Brewton, AL - Whataburger

Description:

• Corporate signed lease by Whataburger Restaurants, LLC
• Over 12 years remaining with 3 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation

• The subject property is out-parceled to a Walmart, a national/credit tenant that drives consistent traffic to the site
• Located less than two miles from national/credit retailers including Dollar General, Tom Thumb, Tractor Supply, Walgreens, Taco Bell, and others
• The site benefits from excellent visibility along Douglas Avenue, which averages 12,800 vehicles per day
• Strong synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000003lbTpYAI