111 Resource Center Pkwy Birmingham, AL 35242

This exceptional investment opportunity presents a fee simple interest in a 3,563 square foot Whataburger restaurant situated on a 1.75-acre lot at 111 Resource Center Pkwy, Birmingham, AL 35242. The property boasts a prime location on a high-traffic corridor averaging nearly 90,000 vehicles daily, within a half-mile of a Target supercenter and other national retailers including Fresh Market, Home Depot, and two Chick-fil-A locations. The single-tenant, absolute NNN ground lease with Whataburger features a remaining term of approximately 7.3 years, expiring March 20, 2032, and includes three five-year lease options with rent increases of 8% in 2027 and 2032. Built in 2016, this one-story building offers a strong net operating income (NOI) of $113,400, resulting in a 4.40% cap rate. The asking price is $2,577,272, translating to a price per square foot of $723.34. The property's parcel number is 02-7-36-0-001-011.005. This investment benefits from a corporate guaranty and is adjacent to a Panda Express location. The lease commenced March 17, 2016, and the ground lease expires March 31, 2032. This is a rare opportunity to acquire a stable, high-performing investment property in a thriving retail market.