$4,300,000 USD
704-714-2363
489 Dr Calvin Jones Hwy
Wake Forest, NC 27587
Outer Northern Outlying
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
$4,300,000 USD
PRICE/SF
$1,227 USD /SF
CAP RATE
4.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Whataburger Ground Lease
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.08 AC
LAND SF
47,045 SF
ZONING
Commercial
APN/PARCEL ID
1830.12-76-7787-000
ASK ABOUT THIS PROPERTY
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704-714-2363
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704-714-2363
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