1314 US 231 hwy - Fast Food FOR SALE


Ozark, AL 36360
$923,077 USD
332-345-7299
1314 US 231 hwy, Ozark, AL for Sale
$923,077 USD
Fast Food - FOR SALE
1/3

1314 US 231 hwy
Ozark, AL 36360


HIGHLIGHTS

  • Demographics Supporting Long-Term QSR Demand
  • Surrounded By National Retail And QSR Brands
  • Nearby Schools And Education-Based Demand Drivers
  • High Traffic Counts And Major Highway Frontage

OVERVIEW

Surmount is pleased to present the exclusive listing for a Popeyes located at South US Highway 231, Ozark, AL 36360. The site consists of roughly 2,104 rentable square feet of building space on an estimated .72-acre parcel of land. Popeyes is subject to a 20 -year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $60 ,000 and has scheduled increases of 2.00 % Annually.

FOR SALE DETAILS

PRICE

$923,077 USD

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

-

APN/PARCEL ID

06-09-32-4-000-001.0260

ASK ABOUT THIS PROPERTY

Andrew DarbySurmountMore Info
332-345-7299

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Andrew DarbySurmountMore Info
332-345-7299

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