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Restaurant

Captain D's 20-Year Absolute Net (NNN) - Foley AL

3209 S McKenzie St, Foley, AL 36535

Listing Price: $2,618,181

Cap Rate
5.50%
Tenant Name
Captain D's
Guarantor
Franchisee Guarantee
Rentable SF
2,204
Lease Type
Absolute Net
Rent Per Square Feet
$65.34

Investment Overview

Marcus & Millichap is pleased to offer this Captain D’s property paired with an absolute net long term lease with zero landlord responsibilities. Headquartered in Nashville, Tennessee, Captain D's owns, operates and franchises 513 restaurants in 25 states, plus military bases around the world. Captain D's restaurants serve a wide variety of fish and seafood, including freshly prepared entrees, and the company's signature hand-battered fish fillets, which are prepared to order.

Investment Highlights

  • Absolute (NNN) Triple Net
  • Zero Landlord Responsibilities
  • Long 20-Year Term

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Restaurant

Captain D's 20-Year Absolute Net (NNN) - Foley AL

Listing Price: $2,618,181

Cap Rate
5.50%
Tenant Name
Captain D's
Guarantor
Franchisee Guarantee
Rentable SF
2,204
Lease Type
Absolute Net
Rent Per Square Feet
$65.34

Investment Highlights

  • Absolute (NNN) Triple Net
  • Zero Landlord Responsibilities
  • Long 20-Year Term

Investment Overview

Marcus & Millichap is pleased to offer this Captain D’s property paired with an absolute net long term lease with zero landlord responsibilities. Headquartered in Nashville, Tennessee, Captain D's owns, operates and franchises 513 restaurants in 25 states, plus military bases around the world. Captain D's restaurants serve a wide variety of fish and seafood, including freshly prepared entrees, and the company's signature hand-battered fish fillets, which are prepared to order.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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