Skip to main content

Restaurant

KRYSTAL | NEW 20-YEAR ABSOLUTE NNN LEASE

2408 Center Point Pkwy, Birmingham, AL 35215

Listing Price: $1,120,000

Cap Rate
6.25%
Tenant Name
Krystal
Guarantor
Corporate Guarantee
Rentable SF
1,340
Lease Type
Absolute Net
Rent Per Square Feet
$52.24

Investment Overview

The subject property is a sale leaseback opportunity in Center Point (Birmingham), Alabama. Tenant will sign a new, 20-year, corporate guaranteed, absolute NNN lease.

Investment Highlights

  • New 20-Year Absolute NNN Lease
  • 2023 Construction - Upgraded Krystal Prototype
  • Corporate Lease with Krystal Restaurants

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Restaurant

KRYSTAL | NEW 20-YEAR ABSOLUTE NNN LEASE

Listing Price: $1,120,000

Cap Rate
6.25%
Tenant Name
Krystal
Guarantor
Corporate Guarantee
Rentable SF
1,340
Lease Type
Absolute Net
Rent Per Square Feet
$52.24

Investment Highlights

  • New 20-Year Absolute NNN Lease
  • 2023 Construction - Upgraded Krystal Prototype
  • Corporate Lease with Krystal Restaurants

Investment Overview

The subject property is a sale leaseback opportunity in Center Point (Birmingham), Alabama. Tenant will sign a new, 20-year, corporate guaranteed, absolute NNN lease.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

MM Texture Background
MM Textured Background Lower