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7801 EastChase Pky
Montgomery, AL 36117

New Walk On's Bistreaux & Bar | 13.5-Yr, NNN · Retail Property For Sale

Investment Highlights

  • 13.5 years remaining on an absolute triple net lease with one of the fastest growing restaurant concepts in the country
  • Attractive blended yield north of 7.50% over the base lease term
  • Fixed 10% rental increases in both the initial term and option periods

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,022 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.59 AC
Zoning
B-3
Parking
104 Spaces (10 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-05-15-3-002-001.002
Land Assessment
$583,700
Improvements Assessment
$0
Total Assessment
$583,700
  • Listing ID: 22347028

  • Date on Market: 2/26/2021

  • Last Updated:

  • Address: 7801 EastChase Pky, Montgomery, AL 36117

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