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Whataburger | Birmingham MSA 2765 Dr John Haynes Dr

3,360 SF Retail Building Pell City, AL 35125 $4,164,574 CAD ($1,239 CAD/SF) 6.25% Cap Rate

Retail Space Alabama Pell City 2765 Dr John Haynes Dr, Pell City, AL 35125

Investment Highlights

  • Brand New 20-Year Absolute NNN Ground Lease
  • Open 24-Hours | Dominant Retail Hub Location
  • 10% Rent Increases Every 5-Years During Primary Lease Term & Options
  • Brand New Construction | Latest Building Design

Executive Summary

Brand New 20-Year Absolute NNN Ground Lease
- Passive long-term lease shall commence upon Close of Escrow

10% Rent Increases Every 5-Years
- Providing long-term and predictable rent growth

Open 24-Hours | Dominant Retail Hub Location
- Situated immediately off Interstate 20 (53,000+ VPD)
- Surrounded by national retailers and hotels

Brand New Construction | Latest Building Design
- Modernized building design includes a dual-lane drive-through that significantly expedites ordering and can help increase volumes

Birmingham Alabama MSA Location: Called a Top Tier Location for Dining and Drinking by Wine Enthusiast
- Pell City is situated 40 minutes east of Birmingham and part of the Birmingham MSA
- The uptown Neighborhood of Birmingham was recently recognized by Forbes as the ”Neighborhood to Watch”

Whataburger - Renowned Burger Chain & Rapidly Expanding
- Privately owned American fast-food chain with over 1,000 locations
-Headquartered in San Antonio and currently operating in 15 States
- Annual sales revenues exceed $3.7 Billion
- Consistently Ranked in the Top 25 Fast Food chains in the U.S.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,360 SF
Year Built
2024
Price
$4,164,574 CAD
Price Per SF
$1,239 CAD
Cap Rate
6.25%
NOI
$260,286 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.72 AC

Links

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Nearby Major Retailers

Cracker Barrel Old Country Store
Buffalo Wild Wings
Waffle House
Title Cash
Starbucks
Krystal
PNC Bank
Huddle House
Crossfit
Truist

PROPERTY TAXES

Parcel Number 22-09-31-2-000-015.000 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $18,520 CAD

PROPERTY TAXES

Parcel Number
22-09-31-2-000-015.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$18,520 CAD
(415) 625-2114

Contacts

  • Listing ID: 34234851

  • Date on Market: 2024-12-18

  • Last Updated:

  • Address: 2765 Dr John Haynes Dr, Pell City, AL 35125

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Whataburger | Birmingham MSA | 2765 Dr John Haynes Dr
(415) 625-2114 x

Whataburger | Birmingham MSA | 2765 Dr John Haynes Dr

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John Glass

(415) 625-2114

(415) 625-2114

Jason Hernandez

(916) 724-1300

(916) 724-1300

Eddie Greenhalgh

(205) 807-6554

(205) 807-6554

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