This Property is no longer advertised on Showcase.com.
Off Market
1/5

489 Dr Calvin Jones Hwy
Wake Forest, NC 27587


HIGHLIGHTS

  • New 2026 construction | Absolute net ground lease | No landlord responsibilities
  • Desirable lease term | New 15-year term
  • Corporate lease | Whataburger Restaurants, LLC | 1,100 locations across 17 states
  • 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
  • Affluent surrounding area | $137,312 average household income within a 1-mile radius

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Whataburger Ground Lease

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

3505

STORIES

1

YEAR BUILT

2026

SPRINKLERS

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PARKING SPACES

35

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

1830.12-76-7787-000