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Whataburger NNN Property
New
For Sale
$3,540,000

212 N Mustang Rd, Mustang, OK 73064

The tenant’s initial lease has more than 12 years remaining, followed by three five-year extension options.

Property Size2,318 SF
Days on Market3

Property Features for 212 N Mustang Rd

General Information

Standard status Active
Size 2,318 SF
Property subtype Retail
Zoning PUD:- Planned Unit Developments

Additional Details

Tenant in Place Yes

Building Details

Building Size 2,318 SF
Year Built 2012
Stories 1
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Patrick Luther · License #01912215
Source: Srsre
Added: Nov 4 Last Checked: Nov 6 at 5:05AM

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

Rey
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Investment Insights

Based on property information with market context.

Built in 2012, this Whataburger property is located in Mustang, Oklahoma, and is classified under PUD zoning. The tenant has 12+ years remaining on the initial lease, with three 5-year options to extend.

Rent increases by 10% every 5 years throughout the initial term and option periods.

Key Highlights

  • 12+ years remaining on the tenant’s initial lease
  • Three 5‑year extension options
  • 10% rent increases every 5 years during the initial term and options

Property Analytics

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

Current Use

Mustang Tree Service Landscaping Whataburger Restaurant

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Grocery & Convenience Store Accounting Firm Kitchen & Bath Showroom

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

622
Businesses Nearby
187k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 74% Shops & Services 14% Home Improvements & Furnishings 7% Apparel 5%
McDonald's Dining
28,730 visits/mo 0.2 miles
Braum's Ice Cream & Dairy Stores Dining
20,968 visits/mo 0.3 miles
Whataburger Dining
17,150 visits/mo 0.1 miles
SONIC Drive In Dining
16,632 visits/mo 0.2 miles
Starbucks Dining
14,602 visits/mo 0.1 miles

Demographics for 73064, OK

25,137
Population
10,285
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
93%
High-School Grad
53.7 sq mi
ZIP Area
468
Density / Sq Mi
$93,861
Median Household Income
$51,699
Median Earnings
$1,280
Median Rent
$236,700
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 South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The tenant’s initial lease has more than 12 years remaining, followed by three five-year extension options.
Where is this nnn property located?
The property is located at 212 N Mustang Rd Mustang, OK.
What is the asking price?
The asking price for this property is $3,540,000.
What are key features of this property?
This property features: 12+ years remaining on the tenant’s initial lease; Three 5‑year extension options; 10% rent increases every 5 years during the initial term and options
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