2880 Allison Bonnett Memorial Dr - Fast Food FOR SALE


Hueytown, AL 35023
$2,957,000 USD
980-498-3293
2880 Allison Bonnett Memorial Dr, Hueytown, AL for Sale
$2,957,000 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

2880 Allison Bonnett Memorial Dr
Hueytown, AL 35023


HIGHLIGHTS

  • STRATEGICALLY LOCATED HIGHWAY WITH HIGH VISABILITY AND ACCESS
  • EXPERIENCED MULTIUNIT FRANCHISEE WITH STRONG GUARANTOR
  • HIGH GROWTH BIRMINGHAM, AL MSA

OVERVIEW

ATTRACTIVE LEASE FUNDAMENTALS - Absolute NNN with no landlord obligations - The lease runs though 2042 with four 5-year options - Rent grows 2% annually during base term starting in 2028 & option periods HEALTHY RETAIL TRADE AREA - Within a 1-mile radius of the site retail holds a 1.3% vacancy rate on 843K SF of space well below the national average - Notable tenants like Walmart, ALDI Publix and Piggly Wiggly neighbor the site STRONG DEMOGRAPHICS - High home ownership rate of 76.4% with media property values around $142,900 - AHHI reaches $70,000 - Over 78,000 people live in a 5-mile radius INVESTMENT HIGHLIGHTS STRATEGICALLY LOCATED HIGHWAY WITH HIGH VISABILITY AND ACCESS - Fronting Highway 56 (25,000+ VPD) with cross access into site| Just off I-20/59 which carries some of highest traffic volumes in Alabama 150,945 VPD at heavily traveled interchanges - Hueytown’s Valley Road, a nearby major thoroughfare, had average weekday traffic count of 59,800 VPD EXPERIENCED MULTIUNIT FRANCHISEE WITH STRONG GUARANTOR - The franchisee operates 26+ Zaxby’s locations across the region - Guarantor is a billion dollar private equity firm providing healthy credit HIGH GROWTH BIRMINGHAM, AL MSA - Bessemer is part of the 1.1 M+ population Birmingham metro - Largest metro in Alabama - Population growth YoY reached 6% from 23-24’ - Q2 2025 Birmingham retail market saw 397,000 SF of net absorption - Birmingham generates over $67B of GDP contributing more than 30% to State GDP

FOR SALE DETAILS

PRICE

$2,957,000 USD

PRICE/SF

$896 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zaxby's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

B-3

APN/PARCEL ID

30-00-21-3-002-014.000

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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