Whataburger

Highlights:

• Brand New 20-Year Absolute NNN Ground Lease
• 10% Rent Increases Every 5-Years During Primary Lease Term & Options
• Brand New Construction | Latest Building Design

Description:

Brand New 20-Year Absolute NNN Ground Lease
No Landlord management or maintenance obligations whatsoever
Passive long-term lease shall commence upon Close of Escrow offering an ew investor the
maximum attainable term

10% Rent Increases Every 5-Years During Primary Lease Term & Options
Providing long-term and predictable rent growth

Brand New Construction | Latest Building Design
Modernized building design includes a dual-lane drive-through that significantly expedites
ordering and can help increase volumes

Affluent Suburban Area with Excellent Demographics
The Hampton Cove / Owens Cross Roads areas are some of the highest income areas in the state
of Alabama
$171,729 Average Household Income within a 1-Mile Radius
$390,000 Median Home Value within a 1-Mile Radius

Dominant Retail Hub Location | Situated Along Main Highway
Direct street frontage along Highway 431 with traffic counts of 20,569 VPD
National retailers surrounding the property include Lowe’s, Walmart Supercenter, Publix,
AutoZone, Tire Discounters, Verizon, Dunkin’, PetSense, Circle K, Regions Bank, Dollar Tree,
Cadence Bank, Anytime Fitness, Dutch Bros, and many more

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) Rentable Area, Lot Size, Tenant, Guarantor, Building Specifications, Year Built, and Demographics are estimates. Buyer is responsible for verifying during the Due Diligence process.
(2) Tenant/Guarantor of the Lease is a franchisee of Whataburger, see Franchisee Overview.

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

Documents: