1003 Us-80 Demopolis, AL 36732
High-traffic location, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- 14.5 years remaining on a 20-year absolute NNN lease.
- Absolute NNN lease; zero landlord responsibilities.
- Leased to Bulldog Restaurants, LLC, a Starboard Investments subsidiary operating 50+ Jimmy Johns and 35 Burger Kings.
- Potential for approximately $5,200 in additional annual income based on 2023 sales exceeding a percentage override threshold.
- Strong sales trends; 5.5% sales increase in 2023 and a healthy 8% rent-to-sales ratio.
- High visibility and accessibility; located on US Highway 80 with 33,030 vehicles per day.
Property Details for 1003 Us-80
- Property type
- Retail properties, Restaurants
- Square Feet
- 3,702 SF
- Class
- B
- Year Built
- 2014
- Buildings
- 1
- Lot Size (sq. ft)
- 65,340 SF
- Units
- 1
Location Insight
- City
- Demopolis
- County
- Marengo
- State
- Alabama
- Latitude
- 32.5035792
- Longitude
- -87.825232
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-traffic location, strong NOI.
- Where is the retail property located?
- The property is located at 1003 Us-80 Demopolis, AL.
- What is the asking price?
- The asking price for this property is $1,360,000.
- What are key features of this property?
- This property features: 14.5 years remaining on a 20-year absolute NNN lease.; Absolute NNN lease; zero landlord responsibilities.; Leased to Bulldog Restaurants, LLC, a Starboard Investments subsidiary operating 50+ Jimmy Johns and 35 Burger Kings.
- 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.
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