604 Mcmeans Ave - Restaurant FOR SALE
Bay Minette, AL 36507 |
$778,488 USD
205-610-8670
604 Mcmeans Ave
Bay Minette, AL 36507
HIGHLIGHTS
- Prime Location: Positioned on U.S. Hwy 31, Bay Minette’s busiest retail corridor, near Walmart, CVS, Tractor Supply, and more.
- Regional Access: Easy connectivity to I-65 and I-10, just 35 miles north of Mobile and 20 miles from Spanish Fort/Daphne.
- Growing Market: Baldwin County is Alabama’s fastest-growing county with strong retail, hotel, and infrastructure investment.
- Attractive Lease: NNN lease with ±3 years remaining, four 3-year options, and true pass-through structure.
- Credit Tenant: Pizza Hut operated by Flynn Restaurant Group—the largest U.S. Pizza Hut franchisee with proven performance.
- Strong Returns: Offered at $778,488 with 8.00% cap rate, drive-thru QSR functionality, and long-term reusability.
FOR SALE DETAILS
PRICE
$778,488 USD
PRICE/SF
$288 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pizza Hut
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.01 AC
LAND SF
43,996 SF
ZONING
-
APN/PARCEL ID
23-03-08-4-000-047.005
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205-610-8670
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205-610-8670
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