4900 US Highway 231 - Fast Food FOR SALE


Wetumpka, AL 36092
$2,150,000 USD
334-386-2441
4900 US Highway 231, Wetumpka, AL for Sale
$2,150,000 USD
Fast Food - FOR SALE
1/9
null | 6.05% Cap Rate

4900 US Highway 231
Wetumpka, AL 36092


HIGHLIGHTS

  • Long-term 20-year initial lease term providing stable, predictable cash flow.
  • Four (4) five-year renewal options, offering extended income potential and tenant commitment.
  • Absolute NNN lease structure with zero landlord responsibilities.
  • • Tenant responsible for roof, structure, HVAC, and parking lot maintenance and repairs, minimizing ownership risk and expense.
  • 2% annual rent escalations providing built-in income growth and inflation protection.
  • Located adjacent to the new Publix-anchored development and near the highly anticipated Chick-fil-A and 7 Brew.

OVERVIEW

The investment is secured by a brand-new 20-year initial lease term with four five-year renewal options, providing investors with a long-term, predictable income stream and limited near-term rollover risk. Supported by the strength of the Popeyes brand and Wetumpka's continued residential and commercial growth, the property offers a compelling combination of stable cash flow, strong real estate fundamentals, and long-term investment potential.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$939 USD /SF

CAP RATE

6.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

3.87 AC

LAND SF

168,734 SF

ZONING

-

APN/PARCEL ID

16-07-25-0-006-004011-0

ASK ABOUT THIS PROPERTY

Gene Cody, CCIM, SIORMoore Company Realty, Inc.More Info
334-386-2441

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

Gene Cody, CCIM, SIORMoore Company Realty, Inc.More Info
334-386-2441

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