Walk-On's | Top Location in the Country 5533 Vanlerberghe Ln

• Brand-new, 15-year, absolute NNN lease with one of the fastest growing restaurant concepts in the country
• Fixed, 10% rental increases every 5 years in both the initial term and option periods
• Attractive, blended yield of 7.72% over the base lease term
• Full-term, personal guarantees from the principal operators | Speak with Agent for details
• Tenant was the 2022 Franchisee of the Year recipient
• Excellent access and visibility from Gadsen Highway | ±27,000 VPD
• State-of-the-art 2023 construction and one of Walk-On’s newest prototype designs which includes roll up windows to allow for an indoor/outdoor dining experience
• Asset is part of the Hamilton Marketplace Development | Will include a new Shell gas station and convenience store as well as several
other tenants
• New developments within walking distance include Orangetheory Fitness, Chicken Salad Chick, Tropical Smoothie Café, CSM Champion
Sports Medicine, Club4Fitness, Taco Mama, Metro Diner, among others
• Less than 1.5 miles from
– The Pinnacle | A 75+ acre lifestyle center containing 445k+ SF of retail shops | Anchor tenants include JCPenney, Best Buy, AtHome, and Belk
– Promenade Tutwiler Farm | Power center anchored by Home Depot, Super Target, Academy Sports, and T.J. Maxx
• Industry-leading average unit volume over $5MM across 77+ restaurants | 75+ locations in some phase of planning or development across 15 states
• Affluent area | The average HH income of ±$109,000 within a 1-mile radius
• Across the street from a Winn-Dixie-anchored shopping center
• Located about 4 miles from the Birmingham Race Course Casino