40 Russell Dr - Fast Food FOR SALE


Warrior, AL 35180
$2,420,000 USD
404-812-8925
40 Russell Dr, Warrior, AL for Sale
$2,420,000 USD
Fast Food - FOR SALE
1/8
null | 6.25% Cap Rate

40 Russell Dr
Warrior, AL 35180


HIGHLIGHTS

  • Jack's is owned by AEA Investors - a private equity firm with $18 billion in assets under management
  • Corporately guaranteed NNN lease with Jack’s Family Restaurants, LP
  • Strong-performing QSR brand with 260+ locations across the Southeast
  • Long lease term through October 2038 with four 5 year options
  • Great location on an exit from I-65, offering excellent visibility and access to regional commuter traffic with over 12,000 cars passing per day
  • Resilient in all cycles : Value-driven menu and small-town footprint make Jack’s recession resistant and inflation friendly

OVERVIEW

This offering is a Jack’s Family Restaurant, located just to the north of Birmingham, and is a popular dining destination known for its Southern-style food and friendly service. The property is on a true NNN corporate lease with Jack’s Family Restaurants, LP, comprising approximately 3,522 square feet on 1.40 acres. It features a drive-thru, dine in area, and dedicated surface parking, all designed to support high-volume quick service operations. The property is on a long-term NNN lease through October 2038 with 4 x 5 year options. Jack’s operates over 260 locations across the Southeastern U.S. and is a leading QSR brand in its core Alabama market. Jack's is owned by AEA Investors, a private equity firm with over $18 billion in assets under management. Located at 40 Russell Drive, Warrior, AL, the property occupies a high visibility corner at the intersection of US Hwy 31 and AL-160 at the I-65 exit, just north of Birmingham. The area benefits from steady commuter traffic and regional accessibility, making it well suited for quick-service retail. Average household income exceeds $91,000 within 3 miles and is expected to grow to approximately $108,000 in the next 5 years.

FOR SALE DETAILS

PRICE

$2,420,000 USD

PRICE/SF

$687 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jack's Family Restaurants - Birmingham MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

26-01-02-0-000-038.002

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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