Investment Highlights

15-YEAR ABSOLUTE NNN GROUND LEASE TO WHATABURGER
» 15-year absolute NNN ground lease to a strong corporate tenant
» 10% rental increases every five years
» No landlord management, ideal for an out-of-area investor
» Whataburger is an iconic Texas fast food restaurant chain with more than 893 locations across 14 states and 50,000 employees
» The iconic Texas chain was family-owned until 2019, when the owners sold a majority stake to BDT Capital, a Chicago-based investment company, specifically to enable the growth and expansion of Whataburger beyond the Lone Star State
» In 2021, Newsweek ranked Whataburger #2 for “Fast-Food Restaurant Chains” in its annual “America’s Best Customer Service” list
» 2023 high-quality construction featuring a dedicated dual-lane drive-thru, providing additional customer convenience and boosting sales revenue

PRIME LOCATION ALONG A MAJOR GEORGIA THOROUGHFARE
» Trophy location at the southeast corner of U.S. Route 19 and Riley Road (15,200+ AADT)
» U.S. Route 19 is a long-haul interstate route connecting the Gulf of Mexico with Lake Erie, allowing the site to capture significant commuter traffic
» High-visibility location near the University of North Georgia Dahlonega Campus, which features over 19,000 students and faculty
» Excellent proximity to major national tenants such as Walmart Supercenter, Chick-fil-A, McDonald’s, Moe’s Southwest Grill, Zaxby’s, Taco Bell, Starbucks, and many more

POPULOUS GEORGIA SUBURB WITH HIGH-GROWTH POTENTIAL
» 20,442 residents live within five miles of the property with a 17% population increase since 2010, providing a reliable and growing customer base for the site
» Average annual household income of $86,916 within a five-mile radius
» Projected population and income increases within a five-mile radius over the next five years poise Whataburger and Dahlonega for steady concurrent growth
» U.S. Route 19 leads directly to Downtown Atlanta, the capital and most populous city in Georgia (504,360 residents)

Property Description

» This Whataburger features a central location at the southeast corner of U.S. Route 19 and Riley Road (15,200+ AADT)
» U.S. Route 19 is a long-haul interstate route connecting the Gulf of Mexico with Lake Erie, allowing the site to capture significant commuter traffic
» The property is a high-visibility location across from the University of North Georgia Dahlonega Campus, which features over 19,000 students and faculty
» Ideally set in a large retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, Chick-fil-A, McDonald’s, Moe’s Southwest Grill, Zaxby’s, Taco Bell, Starbucks, and many more, creating significant crossover shopping
» The site greatly benefits from its surrounding population, with 20,442 residents living within five miles of the property and a 17% population increase since 2010, providing a reliable and growing customer base for the site
» Projected population and income increases within a five-mile radius over the next five years poise Whataburger and Dahlonega for steady concurrent growth