10170 US Highway 431 - Restaurant FOR SALE


Albertville, AL 35950
$3,545,000 USD
770-312-9840
10170 US Highway 431, Albertville, AL for Sale
$3,545,000 USD
Restaurant - FOR SALE
1/3
null | 5.5% Cap Rate

10170 US Highway 431
Albertville, AL 35950


HIGHLIGHTS

  • 2025, BRAND NEW CONSTRUCTION LONGHORN WITH A FRESH 10-YR LEASE
  • DARDEN, THE WORLD’S LARGEST FULL-SERVICE RESTAURANT COMPANY
  • FAST-GROWING MARKET EXPERIENCING DEVELOPMENT MOMENTUM - BOOMING RETAIL CORRIDOR

OVERVIEW

• Longhorn (Rare Hospitality International) signed a brand new 10-year lease, which commenced in November 2025 and expires 10 years thereafter • 10% rental escalations every five (5) years, signaling strong NOI growth • No early termination, or kick-out clause • Zero landlord responsibilities, everything falls on the tenant, leading to passive cash flow and “Mailbox Money” • Ample parcel size at ±1.87 acres

FOR SALE DETAILS

PRICE

$3,545,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

-

APN/PARCEL ID

160931-0-001-078003

ASK ABOUT THIS PROPERTY

Henry KushnerColliersMore Info
770-312-9840

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Henry KushnerColliersMore Info
770-312-9840

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