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5888 Highway 53
Harvest, AL 35749

$2,673,290

Fast Food For Sale  •  2,000 Sq Ft

Property Details

  • Property Type Fast Food
  • Total Building Size 2,000 Sq Ft
  • Lot Size 1.11 ac
  • Building Class A
  • Year Built 2014
  • Cap Rate 6.15 %
  • Tenancy Single
0 Transit Score
47 Walk Score

Description

PREMIER CONCEPT: The Jack’s brand has cultivated a loyal following since its founding in 1960 and currently offers their signature hamburgers, fried chicken, and breakfast biscuits in more than 166 stores across four southeastern states. 

LONG-TERM ABSOLUTE NNN LEASES: Jack’s ±16-year absolute NNN lease features 2% annual rent escalations in the initial term along with two 5-year renewal options. 

EXCELLENT ACCESS & VISIBILITY: The property is strategically positioned with excellent access and visibility at the signalized intersection of Highway 53 (17,190 VPD) and Jeff Road NW. Highway 53 is the region’s main thoroughfare and provides direct access to downtown Huntsville which is just 11 miles to the south. 

STRATEGIC LOCATION: Jack’s is conveniently adjacent to the 70,590-square-foot Harvest Square which features Publix, AT&T, Great Clips, H&R Block, Subway and Papa John’s, as well as various local retailers. Additional tenants in the immediate area include CVS, Dollar General, O’Reilly Auto Parts, Advanced Auto Parts, McDonald’s and Burger King.

Financial Summary

Cap Rate: 6.15 %

Amenities

  • Pylon Sign
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Huntsville International-Carl T. Jones Field Airport 28 min - 19.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes
Will Pike 404-923-1381 CBRE, Inc.
Will Pike 404-923-1381 CBRE, Inc.