1845 Center Point Pky - Fast Food FOR SALE
Center Point, AL 35215 |
$2,583,000 USD
480-718-5555
1845 Center Point Pky
Center Point, AL 35215
HIGHLIGHTS
- Brand new 20-year Absolute NNN lease, featuring attractive 7.50% rental escalations every 5 years with four 5-year options to renew!
- TENANT | GUARANTOR: Ram-Z Roost, LLC is an experienced multi-concept owner/operator with 12 Popeyes locations in Alabama
- The lease is further guaranteed by Ram-Z Restaurant Group includes 39 Freddy’s restaurants (42 by year-end 2026)
- STRONG SALES PERFORMANCE: Successfully open & operating since 2013 with an attractive 7.54% Rent to Sales Ratio!
- TRAFFIC COUNTS: Situated on a signalized corner on a ±0.71-acre lot with excellent drive-by visibility/ access on Center Point Pkwy
- 2025 DEMOGRAPHICS: Total Population (5MI): 91,372 | Average Household Income (1MI): $84,346
FOR SALE DETAILS
PRICE
$2,583,000 USD
PRICE/SF
$1,056 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
POPEYES – CENTER POINT, AL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,270 SF
ZONING
C
APN/PARCEL ID
12-00-18-3-008-012.000
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480-718-5555
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480-718-5555
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