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For Sale

Arby's

652 1st St N,
Alabaster, AL 35007

Asset Snapshot

1970
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

REDUCED PRICE The property features an existing five-year, renewable corporate lease set to expire in September 2029, with four additional five-year options remaining. Each option includes a 10% rental adjustment, ensuring a steady increase in rental income. Arby's assumed the lease from Jack's Family Restaurant in 1988 and has been successfully operating at this location ever since. This property offers a stable and lucrative investment with the potential for long-term growth. Don't miss out on this exceptional opportunity to invest in a well-established location with a reliable tenant.


Investment Highlights

  • Prime location next to Shelby Baptist Medical Center
  • High visibility along busy Highway 31
  • Total NNN lease with gross sales provision as additional rent
  • Operating since 1988 at this location
  • Four (4) five-year lease options remaining
  • 10% rental adjustment per option

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Listing Syndicated From

Buildout
For Sale
$1,255,000
Asking Price