Investment Overview
Presenting an exceptional retail investment opportunity at 68 Freedom Dr, Pike Road, AL, 36064. This 810 SF building, erected in 2023 and zoned B-2, offers a prime location within the burgeoning Pike Road area. Boasting a secure 13 year NNN lease with Ellianos, a robust tenant with 74 operating locations, this property presents a strong investment prospect. The lease includes 2 (5-year) extension options and annual 2% rent escalations, ensuring a favorable investment trajectory. Ideally situated off I-85 with an ADT of 45,505, this property is well-positioned to capture high consumer traffic. Don't miss the chance to seize this promising retail investment in one of the state's fastest-growing municipalities.
Investment Highlights
- 13 Year NNN Lease with 2 (5-year) Options
- Ellianos is a Strong & Growing Tenant with 74 Operating Locations
- 2% Annual Rent Increases Throughout Initial Term and Options
- Ideally Located Off I-85 with an ADT of 45,505
- The Pike Road Area is One of the Fastest Growing Municipalities in the State
- Close Proximity to Numerous High Income Neighborhoods
- Affluent Average Household Income Exceeding $135,449 Within 5 Miles