Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

919 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Brand New 15-Yr. Corporate Whataburger 1650 US Highway 98

3,305 SF Retail Building Daphne, AL 36526 £2,460,881 (£745/SF) 5.20% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Brand New 15-Yr. Corporate Ground Lease, Dual-Lane Drive Thru
Excellent Access and Visibility to 35,943 VPD ALONG HWY 98

78,246 Residents in Primary Trade Area With an average household income of $108,554

Executive Summary

- New 15-Year Corporate Ground Lease – 9% rent increases every five years and renewal options
- Brand New 2024 Construction – Latest prototype with dual-lane drive thru
- Absolute NNN Lease – Zero landlord responsibilities
- Whataburger Generated $3.76 Billion Revenue in 2023 – Over 1,000 locations and 50,000+ employees
- Strong Performing Tenant – Whataburger Ranked #2 by Newsweek on their 2021 List of ‘America’s Best Customer Service Brands’ (QSR)

Whataburger (Daphne, AL)

Property Facts

Sale Type

Investment

Sale Condition

Design & Build

Property Type

Retail

Property Subtype

Fast Food

Building Size

3,305 SF

Building Class

Year Built

2025

Construction Status

Proposed

Price

£2,460,881

Price Per SF

£745

Net Initial Yield

5.20%

NOI

£127,982

Tenancy

Single

Number of Floors

Building FAR

0.07

Land Acres

1.13 AC

Parking

40 Spaces (12.1 Spaces per 1,000 SF Leased)

This feature is unavailable at the moment.