Whataburger For Sale, Fort Smith MSA
1716 Fayetteville Road
Closing Notes
- 30 Day Escrow
- All Cash
- 1031 Exchange
Property Description
Price: $4,571,429
Land Area: ±1.31 Acres
Cap Rate: 7.00%
Gross Leasable Area: ±3,318
Year Built: 2023
Investment Highlights
Introducing a Brand-New, 20-Year Construction Built in 2023, Conveniently Located on I-40 which Spans across the Country, Connecting Bakersfield, CA to Wilmington, NC
The Latest Prototype Double Drive-Thru Location is Designed to Handle Increased Order Volume
Prime Retail Location
- Located Near the Intersection of I-40 and Fayetteville Road (Combined Traffic Counts Exceed 60,000 Cars Per Day)
- The Subject Property boasts an Expansive 1.31-Acre Lot, Providing Ample Space for 53 Parking Spots
- Located within 1 Mile of Van Buren High School
- Within Close Proximity to Several Major Retailers such as Walmart, Lowe’s Home Improvement, AutoZone, Starbucks, Verizon, Arvest Bank, Best Western, Hampton Inn, and Many More
Experienced Franchisee
- Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
- Whataburger has the Highest Average Sales Per Store of all Burger Quick Service Restaurants at $3.54 Million per Store
- Whataburger’s Sales Skyrocketed in 2021, Reaching $3.09 Billion – A 14.5% Increase From 2020
- Whataburger has 873+ Locations Nationwide | Operated by K-Mac Enterprises, a Strong Operator with Over 320 QSR Locations
- Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term Provide for an Excellent Hedge Against Inflation
Pride of Property Ownership in Van Buren, AR
- Dense, Infill Location with Over 47,000 Residents within 5 Miles, Creating a Large Customer Base
- Average Household Income Exceeding $64,000 within 1 Miles
Broker of Record: Anne Williams, License #: PB00066390
Contact Information
Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
[email protected]
License: CA 01958307
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643