Restaurant
HWY 55 Burger Shakes & Fries
1304 Woodward Ave, Muscle Shoals, AL 35661
Listing Price: $3,394,000
Investment Overview
STRONG REAL ESTATE FUNDAMENTALS - Latest store prototype with contactless drive-thru - National retailers nearby that include Walmart, Aldi, Walgreens, etc. - Affluent and dense market › Population (±): 5,169 (1-mi); 29,115 (3-mi); 48,622 (5-mi) › AHHI (±): $64,879 (1-mi); $64,681 (3-mi); $60,669 (5-mi) ESTABLISHED & GROWING BRAND - Operating history of 30+ years - Headquartered in Mount Olive, NC - 130+ locations across 17 states OPTIMAL LEASE STRUCTURE - Attractive 20-year base term - Three (3), 5 year renewal terms - 10% rent escalations every 5 years throughout entire lease - Absolute NNN lease with NO LL responsibilities - Corporate guarantee + 5 year PG from the company’s founder 5 THE SHOALS MSA - ECONMIC DRIVERS - Industrial: DURA Automotive Systems › Invests $59 M to open facility in Muscle Shoals › Creates ±300 new jobs - Entertainment: Music › ± 60,000 tourists visited Muscle Shoals’ FAME Studios, Sheffield’s Muscle Shoals Sound Studio, and Tuscumbia’s Alabama Music Hall of Fame in 2020 - Education: The University of North Alabama › Annual impact of of $280 M
Investment Highlights
- - Latest store prototype with contactless drive-thru
- - National retailers nearby that include Walmart, Aldi, Walgreens, etc.
- - Absolute NNN lease with NO LL responsibilities
Broker of Record
Financing By
Listing Price: $3,394,000
Investment Highlights
- - Latest store prototype with contactless drive-thru
- - National retailers nearby that include Walmart, Aldi, Walgreens, etc.
- - Absolute NNN lease with NO LL responsibilities
Investment Overview
STRONG REAL ESTATE FUNDAMENTALS - Latest store prototype with contactless drive-thru - National retailers nearby that include Walmart, Aldi, Walgreens, etc. - Affluent and dense market › Population (±): 5,169 (1-mi); 29,115 (3-mi); 48,622 (5-mi) › AHHI (±): $64,879 (1-mi); $64,681 (3-mi); $60,669 (5-mi) ESTABLISHED & GROWING BRAND - Operating history of 30+ years - Headquartered in Mount Olive, NC - 130+ locations across 17 states OPTIMAL LEASE STRUCTURE - Attractive 20-year base term - Three (3), 5 year renewal terms - 10% rent escalations every 5 years throughout entire lease - Absolute NNN lease with NO LL responsibilities - Corporate guarantee + 5 year PG from the company’s founder 5 THE SHOALS MSA - ECONMIC DRIVERS - Industrial: DURA Automotive Systems › Invests $59 M to open facility in Muscle Shoals › Creates ±300 new jobs - Entertainment: Music › ± 60,000 tourists visited Muscle Shoals’ FAME Studios, Sheffield’s Muscle Shoals Sound Studio, and Tuscumbia’s Alabama Music Hall of Fame in 2020 - Education: The University of North Alabama › Annual impact of of $280 M
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
Financing By

