4696 Moffett Rd - Fast Food FOR SALE


Mobile, AL 36618- Beau Terra
$1,078,248 USD
951-764-3744
4696 Moffett Rd, Mobile, AL for Sale
$1,078,248 USD
Fast Food - FOR SALE
1/8
null | 6.85% Cap Rate

4696 Moffett Rd
Mobile, AL 36618
Beau Terra


HIGHLIGHTS

  • Traffic Counts 39,790 VPD
  • 140,000 + Population within 5 Miles
  • Busy Location, ranked in top 67th percentile for area per Alhpa Maps and pad to the 2nd busiest Piggy Wiggy in area
  • Population 140,030 Within 5 Miles
  • Near AutoZone, Piggly Wiggly, Dollar General, Walmart, Taco Bell, Circle K and more
  • Corporate Guaranty Krystal Burger 300+ Located in 10 States

OVERVIEW

Subject offering consists of a freestanding Krystal Burger, 4 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty Krystal Operates 300+ Restaurants in 10 States Throughout the Southeastern U.S. Site is Located at the Entrance to Piggly Wiggly, Site Experiences Tremendous Traffic Counts in Excess of 39,790 Cars Per Day. Lease Expires 9/30/2029 with Four (5) Year options. 3 Mile Population 44,496, Average Income $66,780 Within 3 Miles. Busy Location, ranked in top 67th percentile for area per Alhpa Maps and pad to the 2nd busiest Piggy Wiggy in area Krystal Recently Merged with SPB Hospitality, a Leading Operator and Franchisor of Full-Service Dining Restaurants with a Portfolio of 500+ Units Across 15 Brands, Tractor Supply Co, Burger King, and More Absolute Triple-Net (NNN), Krystal Burger Corporate Guaranty. Lease Expires 09-30-2029, four (5) year options in place, extremely busy location Bang Realty Broker of Record Brian Brockman

FOR SALE DETAILS

PRICE

$1,078,248 USD

PRICE/SF

$484 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Krystal Burger NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,385 SF

ZONING

-

APN/PARCEL ID

28-01-02-3-000-078.04

ASK ABOUT THIS PROPERTY

Adam FarmerBelco Development & Investment Co.More Info
951-764-3744

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Adam FarmerBelco Development & Investment Co.More Info
951-764-3744

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