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702 Pelham Road S, Jacksonville, AL

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702 Pelham Road S

Jacksonville, AL 36265-2734

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:1976
Building Size:1,993 SF Land Area:.5 AC (21,780 SF)
For Sale Price:$299,000 Price/SF:$150.03
Cap Rate:6.00 %

Sale Notes:
This stand-alone Papa John's is leased by their largest franchisee since February 2017. This franchisee bought out the number 4 franchisee in the beginning of 2017, so the location has been in successful operation as Papa John's since 2013.

Limited landlord responsibilities and the tenant's high sales volume make this an attractive opportunity to own a stand-alone retail building with a strong tenant at a relatively low cost.

Bull Realty Inc.
Michael Bull
(404) 876-1640

Darrell Chapman
(404) 876-1640

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