Whataburger NNN Property For Sale — Oklahoma City, OK
13229 N Pennsylvania Ave, Oklahoma City, OK 73120
This unique offering presents an investment opportunity to acquire an established corporate-guaranteed ground lease operating below replacement cost. The property features an absolute triple net (NNN) ground lease, ensuring no landlord responsibilities for expenses or maintenance. The lease includes attractive fixed rental increases, with a 10% escalation every 5 years.
- Address: 13229 N Pennsylvania Ave, Oklahoma City, OK 73120
- Asking price $1.84M
- 5.25% cap rate
- NOI $96,758
- 4.3 years remaining
- NNN lease
- Building size: 2,530 SF
- Rent increases: 10% Rental Increases every 5 years
- Guarantor: Corporate
Location
This Whataburger property is at 13229 N Pennsylvania Ave in Oklahoma City, Oklahoma.
Asset type: NNN