Log In/Sign Up
Your email has been sent.
Whataburger Ground Lease 489 Dr Calvin Jones Hwy 3,505 SF Retail Building Wake Forest, NC 27587 $5,560,000 CAD ($1,586.31 CAD/SF) 5% Cap Rate
Investment Highlights
- New 2026 construction
- Corporate lease | Whataburger Restaurants, LLC | 1,100 locations across 17 states
- Great visibility from Dr. Calvin Jones Hwy | 31,000 VPD
- Absolute net ground lease | No landlord responsibilities
- Strategic Location | Property is located directly across from Wegmans and adjacent to a new retail development
- Explosive population growth within 1-mile | 75.12% from ’10-‘25
Executive Summary
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Whataburger Ground Lease in Wake Forest, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Building Size
3,505 SF
Year Built
2026
Price
$5,560,000 CAD
Price Per SF
$1,586.31 CAD
Cap Rate
5%
NOI
$278,000 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.08 AC
Zoning
Commercial
Parking
35 Spaces (9.99 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1830.12-76-7787-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $627,980 CAD | Total Assessment | $627,980 CAD |
Property Taxes
Parcel Number
1830.12-76-7787-000
Land Assessment
$627,980 CAD
Improvements Assessment
$0 CAD
Total Assessment
$627,980 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Whataburger Ground Lease | 489 Dr Calvin Jones Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.