847 Boll Weevil Cir - Fast Food FOR SALE
Enterprise, AL 36330 |
$1,629,630 USD
332-345-4222
847 Boll Weevil Cir
Enterprise, AL 36330
HIGHLIGHTS
- 15-Year Absolute Triple Net (NNN) Lease with Rent Increases | At closing the tenant will execute a brand-new 15-year absolute triple net lease
- Strong Franchisee Guarantee | The lease will feature a guarantee from JJB Brands. JJB Brands operates more than 100 restaurants across five states
- Outparcel to Publix-Anchored Shopping Center in a Dense Retail Corridor | The subject property is situated on an outparcel to a shopping center
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Pizza Hut located at 847 Boll Weevil Circle, Enterprise, Alabama 36330. The site consists of roughly 1904 rentable square feet of building space on an estimated 2.5-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
$407 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
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
17
LAND DETAILS
LAND ACRES
2.5 AC
LAND SF
108,900 SF
ZONING
Comm
APN/PARCEL ID
16-05-15-2-000-002.056
ASK ABOUT THIS PROPERTY
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332-345-4222
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332-345-4222
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