For Sale
$1,713,000

1236 Beltline RdDecatur, AL 35601

High-yield Decatur, AL restaurant.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fee-simple ownership of a Captain D's Seafood restaurant located at 1236 Beltline Rd SW, Decatur, AL 35601. The property boasts 3,062 square feet on a 0.85-acre lot, featuring 56 parking spaces and excellent visibility on a high-traffic thoroughfare with 37,500 vehicles per day. Built in 1992 and situated in an M-1A Light Industrial zoning area, this single-tenant property benefits from a corporate-guaranteed Absolute NNN lease with a highly reputable national quick-service restaurant (QSR) brand. The lease, commencing June 13, 2003, and expiring August 31, 2035, has approximately 10.8 years remaining, providing significant long-term stability. The lease includes 1.25% annual rent increases throughout the initial term and any option periods. The property generates a strong net operating income (NOI) of $119,920, resulting in an attractive 7.00% cap rate. The asking price is $1,713,000. This offering presents a compelling combination of a well-established tenant, a long-term lease, and a desirable location, making it an ideal addition to any investment portfolio. The property's strong demographics within a 5-mile radius further enhance its investment potential. Zero landlord responsibilities are included with this fee-simple ownership.

Highlights

  • 11+ years remaining on lease; annual rent increases; options to extend; established QSR tenant.
  • Absolute NNN lease; fee simple ownership; zero landlord responsibilities.
  • High visibility; 37,500 vehicles per day; strong retail location; national credit tenant.
  • Strong demographics within a 5-mile radius.

Property Details for 1236 Beltline Rd

Property type
Retail properties, Restaurants
Square Feet
3,062 SF
Year Built
1992
Lot Size (sq. ft)
37,026 SF

Location Insight

City
Decatur
County
Morgan
State
Alabama
Latitude
34.5630772
Longitude
-87.0078326
1236 Beltline Rd, Decatur, Alabama

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1236 Beltline Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message