3300 Pelham Pky - Fast Food FOR SALE
Pelham, AL 35124 |
$1,917,000 USD
480-718-5555
3300 Pelham Pky
Pelham, AL 35124
HIGHLIGHTS
- BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease, featuring attractive 7.50% rental escalations every 5 years with four 5-
- TENANT | GUARANTORS: 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 for decades with an attractive 7.55% Rent to Sales Ratio!
- TRAFFIC COUNTS: Exceptional visibility/access on AL-119/US-31/Pelham Pkwy (main North/South thoroughfare in Pelham) with traffic counts of 29,899 CPD
- 2025 DEMOGRAPHICS: Total Population (5MI): 71,589 | Average Household Income (1MI): $141,948
FOR SALE DETAILS
PRICE
$1,917,000 USD
PRICE/SF
$3,631 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
POPEYES – PELHAM, AL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.59 AC
LAND SF
25,700 SF
ZONING
C
APN/PARCEL ID
13-6-24-3-002-001-007
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480-718-5555
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480-718-5555
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