Property Description
SECURE INCOME STREAM
- 20-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years, 1% Annual Increases in Renewal Options
- Brand New Construction, Newest Prototype with Dual Drive-Thru
- $3.09 Billion Systemwide Sales in 2021, 14.5% Increase Over 2020
- $3.64 Million Average Sales Per Unit Across 873 Locations (2021)
- Operated and Guaranteed by WAB Venture, Inc., Affiliate of K-Mac Enterprises and 2nd Largest Taco Bell Operator with 320+ Locations
- WAB Venture, Inc. to Operate 10 Locations by the End of 2023, Development Plans for 40 Locations
- Whataburger Ranked #2 by Newsweek on their 2021 List of ‘America’s Best Customer Service Brands’ (QSR)
- Large 1.17 Acre Lot at Signalized Intersection
PROXIMITY
- Minutes to Harding University and Arkansas State University – Beebe with 7,580 Combined Students
- 1 Mile to Unity Health White County Medical Center, the Largest Employer in Searcy with 2,376 Employees
- 36,715 Residents in Primary Trade Area, Strong Daytime Population of 42,672
- Excellent Access and Visibility Along Main Retail Corridor with 14,300 VPD
- Adjacent to Lowes and #2 Performing Walmart in Arkansas with Over 4.1M Annual Visits (Creditintell)
- Across from Brand New 132-Unit Multi-Family Development
- Just Off Highway 64 with 27,000 VPD, Direct Access to Little Rock (50 Miles)
- 12 Hotels within 2 Miles of Property, Providing Additional Customer Base
- Surrounded by Several K-12 Schools with 4,054 Combined Students
- Searcy is the Largest City and County Seat of White County