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