2951 Highway 78 E - Fast Food FOR SALE


Jasper, AL 35501
$2,050,000 USD
941-504-4222
2951 Highway 78 E, Jasper, AL for Sale
$2,050,000 USD
Fast Food - FOR SALE
1/4
null | 6.1% Cap Rate

2951 Highway 78 E
Jasper, AL 35501


HIGHLIGHTS

  • NEW 15-Year ABSOLUTE-NNN Lease
  • 28,000 Vehicles per day
  • 5 Mile Population: 21,165
  • Excellent Demographic Area
  • Neighboring Properties include a New Starbucks and Whataburger

OVERVIEW

This ±2,820-square-foot Bojangles restaurant, located at 2951 Highway 78 E, Jasper, Alabama, is leased to Cedartown Chicken, LLC for a 15-year term. The lease is ABSOLUTE (NNN), with zero landlord responsibilities. Five 5-year extension options are available, and rent rises 10% every five years (including extensions). The base rent for years 1–5 is $125,000 annually, equivalent to $10,416.67 monthly.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$727 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles // New 15 Year NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

B2

APN/PARCEL ID

17-01-11-1-102-012-0000

ASK ABOUT THIS PROPERTY

Justin SturdivantFranklin StreetMore Info
941-504-4222

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

Justin SturdivantFranklin StreetMore Info
941-504-4222

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