1980 Al-77Southside, AL 35907

Property Details for 1980 Al-77

Year built

2018

Lot size

1.53 AC

Property size (Sq ft)

3,502 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 3,502 square foot Burger King restaurant in Southside, Alabama, situated on a 1.53-acre lot. Built in 2018, the property boasts a 14-year net lease (NN+) with Bulldog Restaurants, LLC, a subsidiary of Starboard Group, a significant operator of over 165 restaurants across eight states. The lease commenced August 1st, 2024, and expires September 4th, 2038, with built-in 10% rent increases every five years. The current annual net operating income (NOI) is $96,000, yielding a 6.15% cap rate, and there's significant upside potential due to percentage rent. The property enjoys a prime location on State Route 77, a highly trafficked area with over 20,000 vehicles per day, offering excellent visibility and accessibility. Its proximity to Southside High School provides a substantial built-in customer base. This is a strong, stable investment with a long lease term and significant growth potential. The asking price is $1,561,000. The property is located at 1980 AL-77, Southside, AL 35907, in Etowah County. The location benefits from its proximity to the Coosa River. This is a 1031 exchange eligible property.

Location Insight

City

Southside

County

Etowah

State

Alabama

Latitude

33.9256

Longitude

-86.0227

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].