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Restaurant

Burger King - Absolute NNN - 14+ Years

14637 Hwy 231 431 N, Hazel Green, AL 35750

Listing Price: $2,612,000

Cap Rate
6.50%
Tenant Name
Burger King Corporate
Years Remaining On Lease
14.6
Gross SF
3,115
Guarantor
Corporate Guarantee
Rentable SF
3,115
Price/Gross SF
$838.52
Lease Type
Absolute Net
Rent Per Square Feet
$54.50

Investment Overview

Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in Hazel Green, AL. The property consists of approximately 0.97 acres improved with a 3,115 square foot building. The restaurant was built in 2015 and is an outparcel to a Walmart Supercenter.
The property sits along the main retail corridor or Hazel Green and is surround by other retail stores including Dollar Tree, Arby’s, Zaxby’s, Taco Bell, Dollar General, Verizon and AT&T.
Hazel Green is Part of the Huntsville MSA, Home to over 450,000 residents. Just 25 minutes north of downtown Huntsville.

Investment Highlights

  • Walmart Outparcel
  • Over 22,000 Vehicles Per Day
  • High Growth Area of Huntsville
  • 2015 Construction

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Restaurant

Burger King - Absolute NNN - 14+ Years

Listing Price: $2,612,000

Cap Rate
6.50%
Tenant Name
Burger King Corporate
Years Remaining On Lease
14.6
Gross SF
3,115
Guarantor
Corporate Guarantee
Rentable SF
3,115
Price/Gross SF
$838.52
Lease Type
Absolute Net
Rent Per Square Feet
$54.50

Investment Highlights

  • Walmart Outparcel
  • Over 22,000 Vehicles Per Day
  • High Growth Area of Huntsville
  • 2015 Construction

Investment Overview

Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in Hazel Green, AL. The property consists of approximately 0.97 acres improved with a 3,115 square foot building. The restaurant was built in 2015 and is an outparcel to a Walmart Supercenter. The property sits along the main retail corridor or Hazel Green and is surround by other retail stores including Dollar Tree, Arby’s, Zaxby’s, Taco Bell, Dollar General, Verizon and AT&T. Hazel Green is Part of the Huntsville MSA, Home to over 450,000 residents. Just 25 minutes north of downtown Huntsville.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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