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Whataburger | #2 Burger Chain in AUV's

$2,900,000

108 Field View Lane, Madison, AL 35756

Active
Last Updated: 07/10/2025

6.25

Cap Rate

181,250

NOI

Details:
Cap Rate:    6.25%
NOI:    $181,250
Building Size:    3,360 sqft
Lot Area:    0.9 acres
Occupancy:    100%
Lease Type:    Ground
Year Built:    2025
Tenancy:    Single
Lease Expire Year:    2040
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
  • Affluent Suburban Area with Excellent Demogra
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 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

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
• Madison and surrounding areas of the Huntsville MSA are some of the highest income areas in the state of Alabama
• $152,057 Average Household Income within a 1-Mile Radius
• $371,071 Median Home Value within a 1-Mile Radius

Across from The Village Shoppes of Madison & New Developments
• Direct street frontage along County Line Road (21,147 VPD)
• The Village Shoppes of Madison: a Publix-anchored shopping center
• New developments surround the subject including Circle K, Strickland Bros, Primrose School, and more coming soon
• National tenants in the immediate trade area include Publix, Walmart Supercenter, Costco, Home Depot, Lowe’s, Kroger, 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 (Ranked by QSR Magazine)
• Consistently Ranked in the Top 25 Fast Food chains in the U.S. (QSR Magazine)

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

Map:
Documents:
Title
Whataburger-Madison__AL_OM.pdf
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Location
Gallery