1709 Fulton Rd - Retail FOR SALE


Fultondale, AL 35068
$3,976,000 USD
415-852-5177
1709 Fulton Rd, Fultondale, AL for Sale
$3,976,000 USD
Retail - FOR SALE
1/8
null | 4.15% Cap Rate

1709 Fulton Rd
Fultondale, AL 35068


HIGHLIGHTS

  • New 15-year absolute NNN ground lease to Chick-fil-A, the largest quick-service chicken restaurant chain in the U.S and third-largest chain overall.
  • 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
  • Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
  • Property is a relocation to a larger site due to high-volume
  • Chick-fil-A’s U.S. systemwide sales grew by 5.4% in 2024, reaching $22.7 billion.
  • Chick-fil-A opened 132 new restaurants in 2024, bringing its total U.S. count to over 3,100 locations.

OVERVIEW

This Chick-fil-A property occupies a highly visible and easily accessible location directly off Interstate 65, benefiting from strong commuter traffic of approximately 116,105 vehicles per day and convenient access to Downtown Birmingham. The site is backed by the strength of a nationally recognized tenant, with Chick-fil-A reporting U.S. systemwide sales growth of 5.4% in 2024 to $22.7 billion. The surrounding trade area features a strong demographic profile, including a population of more than 51,000 residents within five miles and average household income of $88,072, with income levels within three miles projected to increase to $102,447 by 2031. The property is positioned among a diverse mix of major national and regional retailers, including Lowe’s Home Improvement, Target, Food City, JCPenney, and Five Below, which contribute to the area's strong retail activity. An absolute NNN ground lease structure provides a passive investment opportunity by transferring responsibility for maintenance and operating expenses, including the roof, structure, and parking lot, to the tenant. Supported by projected income growth across the surrounding market, the property is well positioned to benefit from continued economic and consumer growth in the Fultondale area.

FOR SALE DETAILS

PRICE

$3,976,000 USD

PRICE/SF

$708 USD /SF

CAP RATE

4.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-a

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

I3

APN/PARCEL ID

14-00-25-3-000-014.005

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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