14637 Highway 231 431 N - Fast Food FOR SALE


Hazel Green, AL 35750
$2,830,000 USD
941-504-4222
14637 Highway 231 431 N, Hazel Green, AL for Sale
$2,830,000 USD
Fast Food - FOR SALE
1/12
null | 6% Cap Rate

14637 Highway 231 431 N
Hazel Green, AL 35750


OVERVIEW

Franklin Street is pleased to offer a rare absolute triple-net Burger King Corporate Lease located on a Walmart outparcel in Hazel Green, Alabama. Built in 2015, the 3,115-square-foot corporate-operated restaurant sits on 0.97 acres and features zero landlord responsibilities. The asset has 14.5 years of remaining lease term with scheduled rent increases through 2038, providing stable, long-term cash flow.

FOR SALE DETAILS

PRICE

$2,830,000 USD

PRICE/SF

$931 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,958 SF

ZONING

C

APN/PARCEL ID

04-06-24-0-000-001.002

ASK ABOUT THIS PROPERTY

Justin SturdivantFranklin StreetMore Info
941-504-4222

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Justin SturdivantFranklin StreetMore Info
941-504-4222

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