?Stabilized Investment Opportunity - Leased to Royal Bourbon Chicken on an Absolute Net-Lease featuring zero landlord responsibilities with over 2.5 years remaining on the initial term and (2) 5-year renewal options in place with annual rental increases
?Low Basis Asset - Provides an investor with the opportunity to acquire the asset on a low basis, benefiting from below-market in-place rents and long-term redevelopment potential upon lease expiration
?Ideal Demographics - The asset is located within a dense area with over 108,892 residents and an average household income of $84,200 within a 5-mile radius of the site
?Easily Accessible Site - The property features two points of ingress/egress from Fishburg Road and Old Troy Pike, providing excellent accessibility and visibility along roadways with a combined traffic count exceeding 27,568 VPD
?Neighboring Retail Tenants - Surrounded by tenants such as; Walgreens, Tropical Smoothie Cafe, Wingstop, Casey's, Dollar General, T-Mobile, Midas, and more