Springdale, AR - Whataburger

Description:

• Corporate signed lease by Whataburger Restaurants, LLC
• Over 13 years remaining with 3 (5-year) option periods to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and providing a hedge against inflation

• The subject property is located in close proximity to a Walmart Supercenter anchored center with other national/credit retailers including McDonald’s, Firehouse Subs, Panda Express, Swig, and more
• Located near the intersection of Interstate 49 and Elm Springs Road which combine to average over 137,000 vehicles passing by daily
• The asset is located in the center of a primary retail corridor with other national/credit retailers including ALDI, Starbucks, Taco Bell, Slim Chickens, Wienerschnitzel, and more
• Strong synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000001kLs5YAE