7830 Crestwood Blvd Birmingham, AL 35210
High-yield Wendy's NNN ground lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Brand new Wendy's restaurant built in 2024 on a 0.6-acre lot.
- 15-year absolute net ground lease with Wendy's corporate guarantee, expiring October 31, 2039, including 10% rent bumps every five years.
- Prime location near I-20 interchange, offering high visibility and accessibility with 33 parking spaces.
- Strong demographics: High population density, affluent area ($124,848 avg. household income within 5 miles), and significant daytime workforce due to nearby industrial areas and a new VA hospital.
- Located in a dense retail corridor with numerous national retailers nearby, including a new Amazon fulfillment center, and close proximity to UAB and Birmingham-Shuttlesworth International Airport.
Property Details for 7830 Crestwood Blvd
- Property type
- Retail properties
- Square Feet
- 2,024 SF
- Year Built
- 2024
- Buildings
- 1
- Lot Size (sq. ft)
- 26,136 SF
Location Insight
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Latitude
- 33.5308725
- Longitude
- -86.7170013
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Wendy's NNN ground lease
- Where is the retail property located?
- The property is located at 7830 Crestwood Blvd Birmingham, AL.
- What is the asking price?
- The asking price for this property is $2,632,000.
- What are key features of this property?
- This property features: Brand new Wendy's restaurant built in 2024 on a 0.6-acre lot.; 15-year absolute net ground lease with Wendy's corporate guarantee, expiring October 31, 2039, including 10% rent bumps every five years.; Prime location near I-20 interchange, offering high visibility and accessibility with 33 parking spaces.
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