Fast Food For Sale • 528 SF
| BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease, featuring attractive 7.50% rental escalations every 5 years with four 5- |
| TENANT | GUARANTORS: Ram-Z Roost, LLC is an experienced multi-concept owner/operator with 12 Popeyes locations in Alabama. |
| The lease is further guaranteed by Ram-Z Restaurant Group includes 39 Freddy’s restaurants (42 by year-end 2026) |
| STRONG SALES PERFORMANCE: Successfully open & operating for decades with an attractive 7.55% Rent to Sales Ratio! |
| TRAFFIC COUNTS: Exceptional visibility/access on AL-119/US-31/Pelham Pkwy (main North/South thoroughfare in Pelham) with traffic counts of 29,899 CPD |
| 2025 DEMOGRAPHICS: Total Population (5MI): 71,589 | Average Household Income (1MI): $141,948 |
| Cap Rate: | 6.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Popeyes | 2/28/2046 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Birmingham-Shuttlesworth International | 34 min | - | 25.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |