9187 Highway 119 - Fast Food FOR SALE
Alabaster, AL 35007 |
9187 Highway 119
Alabaster, AL 35007
HIGHLIGHTS
- Extremely rare, 25-year base lease term | Over $4.1MM in guaranteed income | Average CAP of 5.82% over the base lease term (at List Price)
- New construction asset with Taco Bell’s latest prototype
- Absolute NNN lease | Zero Landlord responsibilities
- Strong guarantee | Lease is backed by Tacala, LLC, an experienced and successful operator with 370+ Taco Bell locations across the Southeast and Texas
- Excellent access and visibility from Montevallo Rd aka Highway 119 which sees ±47,430 VPD
- Outparcel to Walmart Neighborhood Market and adjacent to a future 7 Brew Coffee
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
New Taco Bell | Rare, 25-Yr NNN Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
2500
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
23-6-14-2-002-014-000
