Whataburger
$2,900,000
2765 Doctor John Haynes Drive, Pell City, AL 35125
6.25
Cap Rate
181,250
NOI
Details:
Highlights:
- Brand New 20-Year Absolute NNN Ground Lease
- 10% Rent Increases Every 5-Years During Primary Lease Term & Options
- Open 24-Hours | Dominant Retail Hub Location
- Brand New Construction | Latest Building Design
Description:
* Brand New 20-Year Absolute NNN Ground Lease
- Brand New 20-Year Absolute NNN Ground LeaseNo Landlord management or maintenance obligations whatsoever
- Passive long-term lease shall commence upon Close of Escrow offering a new investor the maximum attainable term
* 10% Rent Increases Every 5-Years During Primary Lease Term & Options
- Providing long-term and predictable rent growth
* Open 24-Hours | Dominant Retail Hub Location
- Situated immediately off Interstate 20 (53,000+ VPD)
- Surrounded by national retailers and hotels including TJ Maxx, Ross Dress-for-Less, The Home Depot, Walmart Supercenter, Hobby Lobby, Old Navy,and many more
* Brand New Construction | Latest Building Design
- Modernized building design includes a dual-lane drive-through that significantly expedites ordering and can help increase volumes
* Birmingham Alabama MSA Location: Called a Top Tier Location for Dining and Drinking by Wine Enthusiast
- Pell City is situated 40 minutes east of Birmingham and part of theBirmingham MSA
- The uptown Neighborhood of Birmingham was recently recognized by Forbes as the ”Neighborhood to Watch”
* 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.
AL Broker of Record: AL Broker of Record: Eddie Greenhalgh
License: 000088298-0
Documents:
Title | ||
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Whataburger-Pell_City_OM.pdf
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Location

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