Whataburger NNN
New
For Sale
$4,295,000
208 S Council Rd, Oklahoma City, OK 73127
A corporate lease has more than 12 years remaining and includes scheduled rent increases and extension options.
Property Size3,039 SF
Days on Market3
Property Features for 208 S Council Rd
General Information
Standard status
Active
Size
3,039 SF
Property subtype
Retail
Zoning
C-3
Additional Details
Tenant in Place
Yes
Building Details
Building Size
3,039 SF
Year Built
2014
Tenancy
Single
Listing Agency:
SRS Real Estate Partners - Global Company
Listed By:
Patrick Luther · License #01912215
(480) 221-4221
Source:
Srsre
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 5:03AM
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 SRS Real Estate Partners - Global Company
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Investment Insights
Based on property information with market context.
Built in 2014, this C-3-zoned NNN property is leased to Whataburger Restaurants, LLC. The corporate lease has more than 12 years remaining, with three five-year extension options. Rent increases are set at 10% every five years and at the start of each option period, establishing scheduled adjustments during the lease term.
Key Highlights
- Leased to Whataburger Restaurants, LLC under a corporate lease
- More than 12 years remain on the lease
- Three 5‑year extension options
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
267k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 52%
Dining 42%
Shops & Services 4%
Home Improvements & Furnishings 1%
McDonald's
Dining
24,317 visits/mo
0.1 miles
Whataburger
Dining
22,700 visits/mo
0.0 miles
Braum's Ice Cream & Dairy Stores
Dining
19,022 visits/mo
0.1 miles
Gap
Apparel
17,756 visits/mo
0.2 miles
Tommy Hilfiger
Apparel
17,359 visits/mo
0.3 miles
Demographics for 73127, OK
27,007
Population
11,329
Households
2.4
Avg Household Size
32
Median Age
16%
College-Educated
76%
High-School Grad
11.3 sq mi
ZIP Area
2,390
Density / Sq Mi
$46,020
Median Household Income
$28,766
Median Earnings
$926
Median Rent
$139,200
Median Home Value
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Market
Properties on Market for NNN properties in Oklahoma City
Vacancy Rate% for Retail in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
NNN property - A corporate lease has more than 12 years remaining and includes scheduled rent increases and extension options.
Where is this nnn property located?
The property is located at 208 S Council Rd Oklahoma City, OK.
What is the asking price?
The asking price for this property is $4,295,000.
What are key features of this property?
This property features: Leased to Whataburger Restaurants, LLC under a corporate lease; More than 12 years remain on the lease; Three 5‑year extension options
