1211 7th St S - Fast Food FOR SALE


Clanton, AL 35045
$1,629,630 USD
332-345-4222
1211 7th St S, Clanton, AL for Sale
$1,629,630 USD
Fast Food - FOR SALE
1/2
null | 6.75% Cap Rate

1211 7th St S
Clanton, AL 35045


HIGHLIGHTS

  • Triple Net (NNN) Sale-Leaseback | This investment is subject to 20-year sale leaseback upon close of escrow with zero responsibilities
  • Strong Franchisee Guarantee | This lease will be subject to a strong guarantee from JJB Brands
  • High Traffic Counts and Excellent Visibility | The subject property benefits from direct frontage to the high traffic counts in the area

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Pizza Hut located at 1211 7th Street South, Clanton, Alabama 35045. The site consists of roughly 2200 rentable square feet of building space on an estimated 1.13-acre parcel of land. This Pizza Hut is subject to a 15-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $110,000 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$1,629,630 USD

PRICE/SF

$456 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

B2

APN/PARCEL ID

1701120001028001

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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