Whataburger NNN Property For Sale — Hazel Green, AL
14751 US-231, Hazel Green, AL 35750
This freestanding single-tenant quick-service restaurant is 100% leased to Whataburger under a new 20-year absolute NNN ground lease, commencing upon close of escrow. This offers a passive investment with no landlord management or maintenance obligations. The property features the latest Whataburger building design, including a dual-lane drive-through and a large outdoor seating area. Located in Hazel Green, AL, part of the highly prosperous Huntsville MSA, which has been recognized as a "Best Place to Live." Whataburger is a renowned and rapidly expanding burger chain with over 1,000 locations and impressive annual sales revenues.
- Address: 14751 US-231, Hazel Green, AL 35750
- Asking price $2.90M
- 6.25% cap rate
- NOI $181,250
- 17.8 years remaining
- NNN lease
- Building size: 3,358 SF
- Rent increases: 10% every 5-years
- Guarantor: Corporate
Location
This Whataburger property is at 14751 US-231 in Hazel Green, Alabama.
Asset type: Restaurant