Tenant: Whataburger
Premises: 3385 SF
Renewal Options: 2 x 5
Lease Expiration: 07/01/2024
Lease Type: NNN
Rental Increases: 10% on 7/1/2019
Sands Investment Group is pleased to exclusively offer for sale a single-tenant Absolute NNN Lease Whataburger in Thomasville, GA. This free-standing location is within the Tallahassee Metropolitan Statistical Area and consists of 3,385 SF on a 43,124 SF lot. The current Lease is guaranteed by Whataburger Restaurants LP, a privately held national QSR chain. Whataburger’s lease currently runs through 2024 and they have the option for two 5-year extensions. This outfit is located along a strong retail corridor next to tenants such as Lowe’s, Sun Trust Bank and Best Western.
Whataburger is a privately held, American regional fast food restaurant chain, based in San Antonio, Texas, that specializes in hamburgers. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, Texas, in 1950. The chain is owned and operated by the Dobson family, along with 25 franchisers. As of September 2012, there are over 735 Whataburger stores across the Southern United States region.
