Whataburger - Ada, OK | 1501 Country Club Blvd
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Whataburger - Ada, OK 1501 Country Club Blvd
2,867 SF Retail Building Ada, OK 74820 $4,320,000 ($1,507/SF) 6.25% Cap Rate
Investment Highlights
- Prime location: Less than a mile from major national retailers including Walmart Supercenter (directly behind), ALDI, McDonald's, Hobby Lobby, etc.
- Close to hotels: Within 2 miles of key accommodations: Hampton Inn & Suites (76 rooms), Holiday Inn Express & Suites (84 rooms), etc.
- Vibe Restaurants operates 130+ quick-service locations across multiple states, partnering with leading brands like Whataburger, Little Caesars, etc.
- Convenient proximity: Across from Ada Gaming Center (360 gaming machines), 1.2 miles from East Central University (3,500 students).
- Large national footprint: Whataburger has over 900 locations in 14 states, making it a well-known brand in the fast-food market.
Executive Summary
Brand new Whataburger in Ada, OK, featuring a 20-year lease with built-in 10% rent increases every 5 years, providing steady revenue growth over time. The lease also includes four 5-year renewal options, offering flexibility and long-term investment potential. The property is currently under construction, with completion slated for November 2024, making it a brand-new facility in a growing location. This is a prime opportunity to secure a high-quality tenant with a solid lease structure in place for years to come.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,867 SF
Building Class
C
Year Built
2002
Price
$4,320,000
Price Per SF
$1,507
Cap Rate
6.25%
NOI
$270,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
1.10 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0525-27-004-006-0-056-00 | Improvements Assessment | $36,468 |
| Land Assessment | $25,800 | Total Assessment | $62,268 |
PROPERTY TAXES
Parcel Number
0525-27-004-006-0-056-00
Land Assessment
$25,800
Improvements Assessment
$36,468
Total Assessment
$62,268
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Matt Kramer -
Kyle Gulock -
Joshua Berger -
Century Partners Real Estate Inc.
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Whataburger - Ada, OK | 1501 Country Club Blvd
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