This Retail Property is no longer advertised on LoopNet.com.

876 N Eastern Blvd
Montgomery, AL 36117
Popeyes · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with ±19 years remaining.
  • Recent construction – Built in 2022, drive–thru equipped and built in the most recent design.
  • Strong operator – Tenant operates 200 restaurants and was awarded “Franchisee of the Year” in 2015.
  • 7.5% increases every 5 years and throughout options, providing a strong hedge against inflation.
  • Financing Reporting – Tenant reports financial statements annually.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,421 SF
Building Class
B
Year Built/Renovated
2019/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC
Zoning
CG
Parking
32 Spaces (13.22 Spaces per 1,000 SF Leased)
Frontage
150’ on Eastern Blvd

PROPERTY TAXES

  • Listing ID: 27811955

  • Date on Market: 2/22/2023

  • Last Updated:

  • Address: 876 N Eastern Blvd, Montgomery, AL 36117