Fayetteville, AR - Whataburger
$4,355,000
1956 MLK Jr Blvd, Fayetteville, AR 72701
5.8
Cap Rate
252,581
NOI
Details:
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
• The subject property is located along Martin Luther King Jr Blvd which averages 45,000 VPD
• The site benefits from nearby direct on/off ramp access to Interstate 49, a major thoroughfare that averages 71,000 vehicles passing by daily
• The asset is ideally located in a dense retail corridor with numerous nearby national/credit tenants including Lowe’s, Aldi, Walmart Supercenter, Walgreens, Starbucks, and many more
Location
Gallery