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Whataburger - Huntsville MSA

$2,900,000

14751 U.S. 231, Hazel Green, AL 35750

Active
Last Updated: 02/05/2025

6.25

Cap Rate

181,250

NOI

Details:
Cap Rate:    6.25%
NOI:    $181,250
Building Size:    3,358 sqft
Lot Area:    0.96 acres
Occupancy:    100%
Year Built:    2023
Tenancy:    Single
Highlights:
  • NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
  • SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS
  • OPEN 24 HOURS / 7-DAYS PER WEEK
  • LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA
Description:

NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
- Freestanding single tenant quick-service restaurant 100% leased to Whataburger (no Landlord management or maintenance obligations whatsoever)
- Passive long-term lease shall commence upon Close of Escrow offering a new investor the maximum attainable term

SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS

OPEN 24 HOURS / 7-DAYS PER WEEK

LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA
-Building design includes a dual-lane drive-through to expedite ordering and increase volume

HUNTSVILLE ALABAMA MSA LOCATION: RANKED AMONG COUNTRY’S MOST PROSPEROUS METROS FOR 2023 (BY MYELISTING.COM)
- Hazel Green is situated 20 minutes north of Huntsville and part of the Huntsville MSA
- Huntsville, AL was ranked “Best Place to Live in U.S.” for 2022-2023 by U.S. News & World Report

WHATABURGER - RENOWNED BURGER CHAIN & RAPIDLY EXPANDING
- Privately owned American fast-food chain with over 1,000 locations
- Headquartered in San Antonio and currently operating in 15 States
- Annual sales revenues exceed $3.7 Billion
- Consistently Ranked in the Top 25 Fast Food chains in the U.S.



(1) Lease Terms, Building Specifications, and Demographics are estimates. Buyer is responsible for verifying during the Due Diligence process.
(2) Source: https://huntsvillebusinessjournal.com

AL Broker of Record: AL Broker of Record: Eddie Greenhalgh
License: 000088298-0

Map:
Documents:
Title
whataburger-hazel-green-al.pdf
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Location
Gallery