Whataburger - Net Lease Property for Sale
Wake Forest, NC
Key Investment Metrics
Price
$4,000,000
Cap Rate
5.0%
Net Operating Income
$200,000
Building Size
3505 SF
Lot Size
3,505 SF
Land Area
1.08 Acres
Remaining Term
14.5 years
Lease Expiration
12/31/2040
Lease Term
15 years
Lease Commencement
12/08/2025
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2026
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Whataburger Net Lease Property
This Whataburger NNN (triple net lease) property is located in Wake Forest, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 3505 square feet of building space and was built in 2026.
With a cap rate of 5.0%, this Whataburger net lease property offers stable income potential. The asking price is $4,000,000, making it an attractive option for 1031 exchange investors seeking quality Whataburger commercial properties.
Why Invest in Whataburger NNN Properties?
- Stable Income: Whataburger net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Whataburger is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Wake Forest, NC Market Overview
Located in Wake Forest, NC, this Whataburger property benefits from strong local demographics and market fundamentals. The Wake Forest area offers excellent visibility and accessibility, making it an ideal location for Whataburger operations and a solid investment for net lease property buyers.