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27624103
27624104

4011 N College Ave, Jackson, AL 36545

DD
TX 9007104
Trinity Real Estate Investment Services
JM
TX 764171
Trinity Real Estate Investment Services
JD
TX 725767
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$2,583,334
232 days on market
Updated 13 days ago

Popeyes | Strong Reported Sales | Upcoming Remodel

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,173
Units 1
Cap Rate 6%
NOI $155,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A, Popeyes (+10)
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 09/29/2045
Remaining Term 19.3
Rent Bumps Yes
Lease Options Four (4), 5-Year; 7.5%
Price per SqFt $1,189
Acreage 1.400
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 09/15/2025
Ownership Fee Simple

Retail | 6.00% CAP | 2,173 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Popeyes in Jackson, AL. The subject property has a full 20-year primary lease term. It is situated across from Walmart Supercenter and within minutes of Jackson High School, Jackson Middle School, and Jackson Intermediate School.

Property Website: https://trinityreis.com/listing/4011-n-college-ave/

In Cooperation With Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | [email protected] | (513) 898-1551

Investment highlights

  • Popeyes in Jackson, AL With Full 20-Year Primary Lease Term

  • Absolute NNN Lease With Zero Landlord Responsibilities

  • Attractive Rental Increases of 7.5% Every 5 Years

  • Tenant Has Committed to Store Remodel by 2030, Demonstrating Strong Staying Power

  • High Visibility Frontage on N College Ave With 15,000+ Vehicles Passing Daily

  • Healthy 5-Mile Demographics of 6,000+ Residents

  • Guaranteed by Ram-Z Restaurant Group, a Rapidly Growing Operator of 80+ Units Across Three Brands

  • Situated Across From Walmart Supercenter and Within Minutes of Jackson High School, Jackson Middle School, and Jackson Intermediate School

  • Strong Unit Level Sales Reported at $1.81MM

Listing Contacts

DD
TX 9007104
Trinity Real Estate Investment Services
JM
TX 764171
Trinity Real Estate Investment Services
JD
TX 725767
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$155,000.00
$12,916.67/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Brian Brockman
License
AL #119315
Brokerage
Bang Realty-Alabama, Inc.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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