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Whataburger Ground Lease 2713 N Main St 3,500 SF Retail Building High Point, NC 27265 $1,900,000 ($542.86/SF) 5% Cap Rate
Investment Highlights
- New 2025 construction | Absolute net ground lease | Zero landlord responsibilities | Desirable lease term | 13.3 years remaining
- Great visibility & access from N Main St | 26,000 VPD
- Attractive population density within a 5-mile radius | 109,718 residents
- Corporate lease | Whataburger Restaurants, LLC | 1,199 locations across the U.S.
- Located inside a dense retail corridor | 3.5M SF within a 2-mile radius
- Affluent surrounding area | $98,999 average household income within a 5-mile radius
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Whataburger Ground Lease in High Point, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,500 SF
Building Class
B
Year Built
2025
Price
$1,900,000
Price Per SF
$542.86
Cap Rate
5%
NOI
$95,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.78 AC
Zoning
Commercial
Parking
23 Spaces (6.57 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0220802 | Improvements Assessment | $6,200 |
| Land Assessment | $407,700 | Total Assessment | $413,900 |
Property Taxes
Parcel Number
0220802
Land Assessment
$407,700
Improvements Assessment
$6,200
Total Assessment
$413,900
Contacts
-
Ransome Foose -
Carl Brendes -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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