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Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,331 SF
Building Class
B
Year Built
2003
Price
$1,600,000
Price Per SF
$686.40
Cap Rate
6.25%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.17 AC
Parking
35 Spaces (15.02 Spaces per 1,000 SF Leased)
Frontage
133’ on East Prospect Avenue

Amenities

  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Whataburger is a quick-service restaurant company specializing in hamburgers and related menu items. The company was founded in 1950 by Harmon Dobson and Paul Burton, with its first restaurant opening in Corpus Christi, Texas. Whataburger expanded steadily throughout Texas and the southern United States, developing a regional footprint supported by both company-operated and franchised locations. The company relocated its headquarters to San Antonio, Texas to support broader operational and geographic growth. For much of its history, Whataburger remained family owned by the Dobson family. In 2019, a majority ownership stake was acquired by BDT & MSD Partners, while the Dobson family retained a minority interest and ongoing board involvement. The company continues to operate as a private enterprise and is not publicly traded. Whataburger’s operations focus on standardized restaurant formats, centralized supply chain management, and company-directed real estate development for new locations.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - Triple Net -
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Nearby Major Retailers

Chili's Grill & Bar
Rib Crib
Starbucks
Planet Fitness
Equity Bank
City National Bank of OK
ColorTyme
Freddy's
Rent-A-Center
Perkins

Property Taxes

Property Taxes

Parcel Number
1990-10-026-02E-4-005-15
Land Assessment
$39,272
Improvements Assessment
$58,806
Total Assessment
$98,078
  • Listing ID: 39712846

  • Date on Market: 3/9/2026

  • Last Updated:

  • Address: 813 E Prospect Ave, Ponca City, OK 74601

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