Duong Investment Group

Whataburger For Sale, Pryor, OK

5315 South Mill Street

Property Description

Price: $4,850,000
Land Area: ±2.12 Acres (±92,347 SF)
Cap Rate: 6.65%
Gross Leasable Area: ±3,371 SF
Year Built: 2024

Investment Highlights

Brand-New Construction Completed in 2024 with a 20-Year Lease Agreement

The Latest Prototype Double Drive-Thru Location is Designed to Handle Increased Order Volume

Prime Retail Location

  • Located on Hwy 69 with Traffic Counts Exceeding 23,000 Cars Per Day
  • The Subject Property boasts an Expansive 2.12-Acre Lot, Providing Ample Space for 49 Parking Spots
  • Outparcel to Only Walmart Supercenter within 20 Miles – Walmart Recently Expanded and Renovated into a Supercenter, Proving Their Commitment to the Location
  • Within Close Proximity to Several Major Retailers such as Murphy USA, Domino’s Pizza, RCB Bank, Chili’s Grill & Bar, Verizon, Braum’s Ice Cream, Kum & Go, Tractor Supply, Taco Bell, and Many More

Experienced Franchisee

  • Absolute NNN Property with Zero Landlord ResponsibilitiesIdeal for Investors Not Local to the Market
  • Whataburger has the Highest Average Sales Per Store of all Burger Quick Service Restaurants at $3.54 Million per Store
  • Whataburger’s Sales Skyrocketed in 2021, Reaching $3.09 Billion – A 14.5% Increase From 2020
  • Whataburger has 873+ Locations Nationwide | Operated by K-Mac Enterprises, a Strong Operator with Over 320 QSR Locations
  • Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term Provide for an Excellent Hedge Against Inflation

Pride of Property Ownership Pryor, OK

  • Located within 2 Miles of MidAmerica Industrial Park, Oklahoma’s Largest Industrial Park Spanning 9,000 Acres
  • In 2022 Google Invested Another $75 Million into their Facilities at MidAmerica Industrial Park Bringing their Total Investment up to $4.4 Billion
  • Average Household Income within 1 Mile Exceeds $75,000

Broker of Record: Steve Greer, Lic #: OK 206118

Contact Information

Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
craig.elster@marcusmillichap.com
License: CA 01958307

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643

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