5029 Pinnacle Sq | Trussville, AL 35235
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5029 Pinnacle Sq
Trussville, AL 35235
Corporate Red Robin Ground Lease · Retail Property For Sale
Investment Highlights
- 100% OCCUPIED BY NATIONAL RESTAURANT - RED ROBIN – ON A SINGLE-TENANT GROUND LEASE SINCE 2007 WITH TERM THROUGH 2025
- SITUATED WITHIN PINNACLE AT TUTWILER FARM – A REGIONAL RETAIL DESTINATION RECENTLY UNDER NEW OWNERSHIP, which is investing heavily in the Center
- SYNERGISTIC ADJACENT CONSUMER DRAWS include Super Target, The Home Depot, Lowe’s, Academy Sports, Michaels, Best Buy, Belk, At Home, JCPenney, & More
- CORPORATELY-GUARANTEED BY RED ROBIN INTERNATIONAL, INC. WITH THREE (5-YEAR OPTIONS), including scheduled rent escalations
- WELL-POSITIONED FRONTING I-59, JUST SOUTH OF THE I-59/I-459 INTERCHANGE, which accommodates a combined traffic count of 97,495 VPD
- SOLID DEMOGRAPHIC PROFILE WELL-FIT FOR RED ROBIN, marked by a growing population of 91,072 people within a 5-mile radius,& an Avg. HH Income of $70K
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,350 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.67 AC
Zoning
G2 - G2: General Commercial District
Parking
120 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
291 ft on Pinnacle Sq
PROPERTY TAXES
| Parcel Number | 12-00-28-4-000-001.004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $293,399 |
PROPERTY TAXES
Parcel Number
12-00-28-4-000-001.004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$293,399
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