2003 US-431 Hwy - Fast Food FOR SALE


Phenix City, AL 36870
$2,695,000 USD
734-755-6359
2003 US-431 Hwy, Phenix City, AL for Sale
$2,695,000 USD
Fast Food - FOR SALE
1/4
null | 5.71% Cap Rate

2003 US-431 Hwy
Phenix City, AL 36870


HIGHLIGHTS

  • Excellent Visibility Seeing 38,449 Cars Per Day
  • 10% Rental Rate Increases Every 5 Years
  • 5 Mile Population 103,887
  • 5 Mile Consumer Spending is $1 Billion!
  • Corporate Guaranty
  • 15 Absolute NNN Lease | Zero Landlord Responsibility

OVERVIEW

Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Phenix City, Alabama - part of the Phenix Corners shopping center! This 15 year Absolute NNN Lease provides a 10% rent increase every 5 years including at each of the 3 (5 year) options. The store is currently under construction with opening & rent start tracked for January 2026. This Dutch Bros is located in a retail hub on a main highway seeing 38,449 cars per day. It is an outlot in the Phenix Corners shopping center featuring Slim Chicken's, Taco Bell, Firehouse Subs, Shoe Show, FreeUp Storage and many others. Directly across the street sits a Tractor Supply Company/Dollar Tree anchored shopping center. The 5 mile population from the site is 103,887. The 1 mile household income is $59,445. The 5 mile consumer spending is $1 Billion! This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.71% cap rate based on NOI of $154,000. Instate Broker of Record: Brian Brockman | Bang Realty

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$2,733 USD /SF

CAP RATE

5.71%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New Dutch Bros with Huge Population

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C-1

APN/PARCEL ID

05 02 09 01 002 011.003

ASK ABOUT THIS PROPERTY

Bryan BenderFortis Net LeaseMore Info
734-755-6359

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Bryan BenderFortis Net LeaseMore Info
734-755-6359

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