alt
View All

For Sale

Single Tenant Absolute NNN

68 Freedom Dr,
Pike Road, AL 36064

Asset Snapshot

2023
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

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

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$1,200,000
Asking Price