IREA

IREA is pleased to congratulate Senior Partner Chris Thompson on closing a new construction Whataburger drive-thru in Spartanburg, SC. Thompson represented the buyer.

-- New Construction 15-Year Corporate Whataburger Drive-Thru
-- Absolute NNN Ground Lease with Zero Landlord Responsibilities
-- Signalized Hard Corner Location Just Off I-26 (66,000+ VPD)�-- Positioned Within a Dominant Retail Corridor Anchored by Walmart, Costco, Sam’s Club, Home Depot, Lowe’s, and more�-- Located in the Greenville-Spartanburg MSA, one of the nation's fastest-growing markets

Whataburger continues its impressive growth trajectory with more than 1,100 locations nationwide and over $3 billion in annual systemwide sales.

Congratulations to Partners Jonathan Krikorian, Clark Everitt, and William Everitt on the successful closing of this West LA 7+1 multifamily asset for $2,900,000. An exceptional value-add opportunity in one of the Westside’s most sought-after rental markets.

Property Highlights:
• Not subject to LA City Rent Control (only State AB1482)
• Prime West LA location
• 5 of 8 units delivered vacant
• Immediate value-add opportunity
• Potential to convert rec room into ADU