WHATABURGER  |  $3,733,334  |  3.75% CAP

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The Deltondo Group and Marcus & Millichap are pleased to present for sale Whataburger a single-tenant property located at 5055 Old Hickory Boulevard, Nashville (Hermitage), TN 37076.


The subject property is comprised of 3,715 square feet and was built in 2021. The building sits on a large 1.52 Acre lot located just off Old Hickory Boulevard which oversees ±33,700 Vehicles Per Day.


Whataburger operates on a corporate absolute-net lease with 15 years remaining. At the end of the initial term, Whataburger will have three, five-year options to extend. The lease calls for 10% increases in year 11 and each option.


Whataburger sold a majority stake to BDT Capital Partners in 2019. The private equity firm has a track record of partnering with family-owned businesses like Peet’s Coffee, Weber Grill, and Krispy Kreme.


The burger chain has been family-owned and operated since its founding in 1950 by Harmon Dobson in Corpus Christi, Texas. There are now more than 800 locations across the country. Despite its tremendous growth since its debut, Whataburger continues to be keenly aware that they owe their success to the many loyal Whataburger customers around the country. For this reason, Whataburger remains firmly committed to the principles upon which it was founded: serving customers a fresh, made-to-order meal in a family atmosphere at a fair price. Whataburger is headquarters is in San Antonio, Texas.

PRESENTED BY:

PETER DELTONDO

Founder, Deltondo Advisory Group

(949) 419-3267

pdeltondo@marcusmillichap.com

BROKER OF RECORD
Jody McKibben
Lic. #307629