1003 Us Highway 80 E - Fast Food FOR SALE


Demopolis, AL 36732
$1,214,000 USD
949-506-2012
1003 Us Highway 80 E, Demopolis, AL for Sale
$1,214,000 USD
Fast Food - FOR SALE
1/7
null | 7% Cap Rate

1003 Us Highway 80 E
Demopolis, AL 36732


HIGHLIGHTS

  • Franchisee Guaranteed Lease (40+ Units) | Scheduled Rental Increases | Healthy Rent-to-Sales
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Whitfield Regional Hospital | Demopolis High School
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Bulldog Restaurants, LLC (40+ Units) guaranteed lease | Bulldog is a subsidiary of Starboard Investments which is an operator of 50+ Jimmy Johns and 40+ Burger Kings | Speak with Agent for details • 13.5 years of initial term remaining • The lease features 10% rental increases every 5 years throughout the initial term • Healthy rent-to-sales at sub-8% | Speak with Agent for details

FOR SALE DETAILS

PRICE

$1,214,000 USD

PRICE/SF

$328 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King | 13.5-Yr NNN | Potential Upside

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C

APN/PARCEL ID

01-09-30-2-016-002-0000

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.