Corporate Lease: Initial 15 year lease with Whataburger., with more than 1000 locations across the US.
Passive Ownership Opportunity: Absolute NNN Ground leases - The tenant is responsible for all Taxes, CAM, and insurance, providing minimal landlord ownership responsibilities.
Scheduled Rent Increases: The lease calls for rental increases of 10% every five years including the option periods.
Interstate Access: Situated directly on U.S. Highway 441, a key north-south route that ensures easy access to nearby cities and regions, with a traffic volume of 31,300 vehicles per day.
Accessibility: The advantageous location near Interstate 85, a vital route for regional and interstate travel, provides high visibility and easy access for local residents and travelers alike.
Economic Investment: The SK Battery America facility in Commerce, Georgia, is located less than 1.5 miles from the property and represents a $2.6 billion investment in EV battery production, creating over 3,000 high-skilled jobs.
Retail Corridor: Located near major retail centers such as the Tanger Outlets, Walmart Supercenter, and Banks Crossing Mall, this site attracts shoppers and expands the potential customer base.
Nearby National Retailers: Additional national retailers in the area Taco Bell, Bojangles, Outback Steakhouse, Walmart Super Center, Home Depot and JD Sports.