Whataburger | Fort Walton Beach, FL
10+ Yr. Remaining | 10% Increases | Located in Dense Retail Corridor
Marketing description
Introducing a prime investment opportunity in the heart of vibrant Fort Walton Beach, Florida - 399 Mary Esther Cut Off NW. This single-tenant absolute NNN property boasts a corporate lease with Whataburger Restaurants, LLC, featuring 10+ years remaining and scheduled rental increases. The lease includes options to extend, with 10% rent bumps every 5 years, providing a secure income stream and inflation protection. Situated in a high-traffic retail corridor with major national retailers nearby, the property enjoys a strategic location near a signalized intersection. With a plethora of amenities in the vicinity and strong demographics in the 5-mile trade area characterized by a six-figure income, this investment promises both stability and growth potential. Ideal for passive investors seeking a hassle-free ownership experience, this property offers Fee Simple ownership with the tenant responsible for all expenses, making it a lucrative addition to any investment portfolio.
Investment highlights
10+ Years Remaining | Scheduled Rental Increases | Options to Extend
Absolute NNN | Fee Simple Ownership
Near Signalized, Hard Corner Intersection | Dense Retail Corridor | Strong National/Credit Tenant Presence
Strong Demographics in 5-Mile Trade Area | Six-Figure Income
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