Property Description
SECURE STREAM OF INCOME
- 20-Year Absolute NNN Lease – 10% rent increases every 5 years and 1% annually in options
- Open 24 Hours with Dual Drive Thru Lane – Zero landlord responsibilities
- Operated and Guaranteed by WAB Venture, Inc. – Affiliate of K-Mac Enterprises, the 2nd largest Taco Bell operator in United States with over 450 locations
- Whataburger Generated $4.122B Total U.S. Sales in 2024 – Across 1,085 total locations
- 4.1% Implied Rent to Sales Ratio – Based on 2024 average sales per unit of $3.779M
- Rapidly Expanding Tenant – WAB Venture, Inc. currently operates 18 locations with a development agreement to open 40 by end of 2028
PROXIMITY
- Across from Walmart Supercenter – Surrounded by national tenants including McDonald’s, Taco Bell, Sonic, Burger King, Arby’s, O’Reilly Auto Parts and Dollar Tree
- Excellent Access and Visibility to 18,000 VPD – Along regional retail trade area
- Minutes to Greers Ferry Lake – A major tourist destination with over 7 million annual visitors
- 4 Miles to Arkansas State University Beebe Heber Springs Campus – 2,982 students enrolled with 151 employees
- 4 Miles to Baptist Health Medical Center-Heber Springs – With 198 employees
