876 N Eastern Blvd - Fast Food FOR SALE


Montgomery, AL 36117- Outer East
$2,512,149 USD
586-350-7538
876 N Eastern Blvd, Montgomery, AL for Sale
$2,512,149 USD
Fast Food - FOR SALE
1/3
null | 5.35% Cap Rate

876 N Eastern Blvd
Montgomery, AL 36117
Outer East


HIGHLIGHTS

  • Absolute NNN Lease Structure - Zero Landlord Responsibilities
  • The Location Is In A Rapidly Developing Area, With Ongoing Commercial Projects, Making It A Prime Spot For Business Growth & Investment Opportunities
  • Approximately a 12 minute drive to Alabama State University.
  • Dense Demographics - 30,000+ People Reside within 3 Mile Radius of Site
  • 41,000+ Vehicles Pass Site Daily on N Eastern Blvd, a significant thoroughfare that runs through the city
  • Food & Alcohol Exceeds Over $89 Million Within A 3 Mile Radius Ranked 2/7 On Consumer Spending Trailing Behind Transportation and Maintenance

OVERVIEW

5.75% Cap Rate With Upcoming 7.5% Rent Increase Effective 03/28/27.

FOR SALE DETAILS

PRICE

$2,512,149 USD

PRICE/SF

$992 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeye's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

CG

APN/PARCEL ID

04-07-36-3-000-001.001

ASK ABOUT THIS PROPERTY

Jay DakhooElevate Net Lease AdvisorsMore Info
586-350-7538

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Jay DakhooElevate Net Lease AdvisorsMore Info
586-350-7538

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