3531 US-280 Hwy - Restaurant FOR SALE
Phenix City, AL 36867 |
$3,800,000 USD
704-379-1985
3531 US-280 Hwy
Phenix City, AL 36867
HIGHLIGHTS
- 2025 brand new construction | Fresh 12-year lease
- Absolute Net Ground Lease | No landlord responsibilities
- Corporate guaranteed lease | Outback Steakhouse of Florida, LLC | 678+ locations nationwide
- Great visibility from US Hwy 280 N | 38,704 VPD
- Close proximity to Walmart Supercenter | 99th percentile nationally and in Alabama on Placer.ai
- Located inside of dense retail corridor | 1.4M SF within a 2-mile radius
FOR SALE DETAILS
PRICE
$3,800,000 USD
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Outback Steakhouse Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
116
LAND DETAILS
LAND ACRES
2.11 AC
LAND SF
91,912 SF
ZONING
-
APN/PARCEL ID
01-09-32-04-001-001.000
ASK ABOUT THIS PROPERTY
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704-379-1985
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704-379-1985
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