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Whataburger Ground-Lease Restaurant
New
For Sale
$1,841,000

1371 US-60, Republic, MO 65738

The restaurant is offered subject to a corporate NNN ground lease.

Property Size3,751 SF
Price / SF$490.80
Days on Market7

Property Features for 1371 US-60

General Information

Standard status Active
Size 3,751 SF
Property subtype Restaurant

Additional Details

Cap Rate 5.55%
Tenant in Place Yes

Amenities

11+ Years Remaining on Absolute NNN Ground Lease | Increases Every 5 Years
Corporate-Backed Lease | 1,200+ Locations Nationwide & $4.31 Billion in Annual Systemwide Sales
4.44% Rent-to-Sales Ratio Based on Placer.ai Estimated Annual Sales of $2.3 Million
Significant Tenant Capital Investment to Build New Prototype With Double Drive-Thru | New 2022 Construction
Serving Approximately 67,000 Residents in Rapidly Growing Trade Area | 11 Miles to Downtown Springfield
Nearly 20% Population Growth Since 2020 | Republic Ranks Among Missouri's Fastest-Growing Cities
Average Household Income Exceeds $80,000 in 3 Miles and $86,000 in 5 Miles
Adjacent to High-Performing Lowe's and Across from a Walmart Supercenter & Aldi

Building Details

Building Size 3,751 SF
Listing Agency: Marcus & Millichap | San Diego
Listed By: Phil Sambazis · License #License(s): CA: 01474991
Source: Marcusmillichap
Added: Oct 30 Last Checked: Nov 4 at 9:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | San Diego

Rey
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Investment Insights

Based on property information with market context.

This Whataburger restaurant comprises 3,751 square feet and is offered under a corporate NNN ground lease. The property is located at 1371 US-60 in Republic, Missouri, within the Springfield MSA.

Key Highlights

  • Whataburger‑branded restaurant
  • 3,751‑square‑foot building
  • Corporate NNN ground lease

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Dental Office Real Estate Agency Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby
267k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 34% Superstores 29% Shops & Services 16% Home Improvements & Furnishings 10%
Walmart Superstores
77,328 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
27,529 visits/mo 0.3 miles
Aldi Groceries
19,888 visits/mo 0.1 miles
Murphy USA Shops & Services
18,775 visits/mo 0.4 miles
Wendy's Dining
18,608 visits/mo 0.2 miles

Demographics for 65738, MO

20,995
Population
8,878
Households
2.4
Avg Household Size
35
Median Age
28%
College-Educated
95%
High-School Grad
53.9 sq mi
ZIP Area
390
Density / Sq Mi
$67,848
Median Household Income
$45,220
Median Earnings
$1,069
Median Rent
$195,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The restaurant is offered subject to a corporate NNN ground lease.
Where is this conventional restaurant located?
The property is located at 1371 US-60 Republic, MO.
What is the asking price?
The asking price for this property is $1,841,000.
What are key features of this property?
This property features: Whataburger‑branded restaurant; 3,751‑square‑foot building; Corporate NNN ground lease
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