Altus, OK - Whataburger

Description:

• The tenant currently has 10+ years remaining on their initial lease with 3 (5-year) options to extend
• The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation

• Located at the signalized, hard corner intersection of N Main St and E Tamarack Rd, which combined average 22,000 VPD
• The asset is ideally located near national/credit retailers including Walmart Supercenter, Harbor Freight, Dollar General, Dollar Tree, Ace Hardware, Autozone, 7-Brew and many more
• Strong synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site

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Listing ID: a28TP000003lraDYAQ