Popeyes
$1,950,000
4900 Old US Highway 231, Wetumpka, AL 36092
2,616 sqft
Building Size
0.68 acres
Lot Area
Details:
Highlights:
- Long-term 20-year initial lease term providing stable, predictable cash flow.
- Four (4) five-year renewal options, offering extended income potential and tenant commitment.
- Absolute NNN lease structure with zero landlord responsibilities.
- Tenant responsible for roof, structure, HVAC, and parking lot maintenance and repairs, minimizing ownership risk and expense.
- 2% annual rent escalations providing built-in income growth and inflation protection.
- Located adjacent to the new Publix-anchored development and near the highly anticipated Chick-fil-A and 7 Brew.
- Positioned along the primary retail corridor serving the rapidly growing Wetumpka trade area.
- Strong visibility and accessibility from US Highway 231 with significant daily traffic counts.
- Benefiting from continued residential and commercial growth in the Montgomery MSA.
- National credit tenant operating in a proven, high-demand quick-service restaurant location.
Description:
Located along heavily traveled U.S. Highway 231 in Wetumpka, Alabama, 4900 U.S. Highway 231 is a newly developed, single-tenant net leased investment occupied by Popeyes, one of the nation's most recognized quick-service restaurant brands. The property benefits from excellent visibility, strong traffic exposure (± 38,482 AADT), and a strategic location within Wetumpka's primary retail corridor, just north of Montgomery. The site serves a growing population base and draws customers from both local residents and regional commuters.
The investment is secured by a brand-new 20-year initial lease term with four five-year renewal options, providing investors with a long-term, predictable income stream and limited near-term rollover risk. Supported by the strength of the Popeyes brand and Wetumpka's continued residential and commercial growth, the property offers a compelling combination of stable cash flow, strong real estate fundamentals, and long-term investment potential.
Discover the vibrant potential of Wetumpka, AL, a charming community with a mix of historic charm and modern amenities. The area boasts a strong retail presence with notable shopping and dining destinations, drawing in both locals and visitors alike. Explore the rich cultural heritage at the Wetumpka Depot Players or unwind in the scenic beauty of Jasmine Hill Gardens. With its strategic location just a short drive from major highways, the area offers prime opportunities for retail and street retail investors looking to capitalize on the area's thriving commercial landscape. This dynamic locale presents an enticing prospect for savvy investors seeking a bustling retail market.
Documents:
| Title | ||
|---|---|---|
| Popeyes_Sale_Brochure.pdf |
Location
Gallery
