Restaurant
Hooters | Pelham, AL
400 Cahaba Valley Rd, Pelham, AL 35124
Listing Price: $2,308,000
Cap Rate
6.50%
Tenant Name
Hooters
Years Remaining On Lease
4.5
Guarantor
Franchisee Guarantee
Rentable SF
4,906
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.57
Investment Overview
We're pleased to present the offering for Hooters in Pelham, AL.
Hooters | Pelham, AL
Investment Highlights
- HOOTERS BUILD-TO-SUIT CONSTRUCTION
- ABSOLUTE NET LEASE | NO LANDLORD RESPONSIBILITIES
- OVER 20 YEAR HISTORICAL OCCUPANCY
- ATTRACTIVE RENT INCREASES
- #1 RANKED HOOTERS WITHIN 50MI RADIUS - PLACER.AI
- PROXIMITY TO PELHAM CIVIC COMPLEX & ICE ARENA
- PROXIMITY TO OAK MOUNTAIN AMPHITHEATRE 43-AC REDEVELOPMENT
- DENSE AND AFFLUENT POPULATION
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By
Listing Price: $2,308,000
Cap Rate
6.50%
Tenant Name
Hooters
Years Remaining On Lease
4.5
Guarantor
Franchisee Guarantee
Rentable SF
4,906
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.57
Investment Highlights
- HOOTERS BUILD-TO-SUIT CONSTRUCTION
- ABSOLUTE NET LEASE | NO LANDLORD RESPONSIBILITIES
- OVER 20 YEAR HISTORICAL OCCUPANCY
- ATTRACTIVE RENT INCREASES
- #1 RANKED HOOTERS WITHIN 50MI RADIUS - PLACER.AI
- PROXIMITY TO PELHAM CIVIC COMPLEX & ICE ARENA
- PROXIMITY TO OAK MOUNTAIN AMPHITHEATRE 43-AC REDEVELOPMENT
- DENSE AND AFFLUENT POPULATION
Investment Overview
We're pleased to present the offering for Hooters in Pelham, AL.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By
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