10170 US Highway 431 - Restaurant FOR SALE
Albertville, AL 35950 |
$3,451,000 USD
760-930-7931
10170 US Highway 431
Albertville, AL 35950
OVERVIEW
- Brand New 10-Year Ground Lease - Zero landlord responsibilities
- Corporate Lease with Rare Hospitality International, Inc. - $3.423 billion total revenue for fiscal 2026 across 618 locations with plans to add over 20 locations in 2026
- $5,600,000 Average Unit Volume (AUV) for Fiscal 2026 - A 7.2% increase year-over-year and 3.48% implied rent to sales ratio
FOR SALE DETAILS
PRICE
$3,451,000 USD
PRICE/SF
$597 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Longhorn Steakhouse Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Storefront, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
130
LAND DETAILS
LAND ACRES
1.87 AC
LAND SF
81,457 SF
ZONING
C
APN/PARCEL ID
160931-0-001-078003
ASK ABOUT THIS PROPERTY
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760-930-7931
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760-930-7931
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
