AMC Real Estate Investment Services is pleased to present the single-tenant Burger King at 410 Pelham Road North in Jacksonville, Alabama. This freestanding, hard-corner drive-thru pad is leased to Nashville Quality, LLC, a subsidiary of Restaurant Brands International (NYSE: QSR). With roughly 7 years of RBI-backed rent remaining ($860,000) against a basis of about $340,000, a buyer collects income well below QSR pricing and replacement cost.
The lease is true absolute NNN with zero landlord responsibilities, and rent bumps 10% every 5 years, taking NOI to $122,452 in August 2028.
Fronting Pelham Road (AL-21) at 22,000+ VPD and minutes from Jacksonville State University, the pad anchors a proven retail node alongside Chick-fil-A, Starbucks, and McDonald's, and it's positioned to re-tenant quickly once the lease rolls.