Whataburger - 20-Year Absolute NNN | 2508 S Country Club Rd
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Whataburger - 20-Year Absolute NNN 2508 S Country Club Rd
3,027 SF Retail Building El Reno, OK 73036 £3,563,474 (£1,177/SF) 6.25% Net Initial Yield
Investment Highlights
- 20-year sale-leaseback to established operator
- Direct visibility and access via Interstate 40
- 20+ national tenants surrounding the property
- Brand-new construction, opening Feb 2025
- 8% rent increases every 5 years
- Prime signalized corner at main entrance to Walmart Supercenter
Executive Summary
This property features a 20-year sale-leaseback with an established Whataburger operator, offering 8% rent increases every five years. Scheduled for completion in February 2025, the brand-new construction site is strategically located at a prime signalized corner at the main entrance to a bustling Walmart Supercenter.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,027 SF
Building Class
C
Year Built
2024
Price
£3,563,474
Price Per SF
£1,177
Net Initial Yield
6.25%
NOI
£222,717
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.02 AC
Zoning
URBAN COMMERCIAL/INDUS
Parking
30 Spaces (9.91 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalised Intersection
- Tenant Controlled HVAC
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Whataburger
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Whataburger | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 090029952 | Improvements Assessment | £42,829 |
| Land Assessment | £37,919 | Total Assessment | £80,748 |
PROPERTY TAXES
Parcel Number
090029952
Land Assessment
£37,919
Improvements Assessment
£42,829
Total Assessment
£80,748
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Whataburger - 20-Year Absolute NNN | 2508 S Country Club Rd
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