

Corporate Burger King // Walmart Outparcel
CORPORATE BK | 5.75% CAP | Absolute NNN
Marketing description
Franklin Street is pleased to offer a rare absolute triple-net Burger King Corporate Lease located on a Walmart outparcel in Hazel Green, Alabama. Built in 2015, the 3,115-square-foot corporate-operated restaurant sits on 0.97 acres and features zero landlord responsibilities. The asset has 14.5 years of remaining lease term with scheduled rent increases through 2038, providing stable, long-term cash flow.
The property benefits from its strategic location along Hwy 231/431, seeing 22,380+ vehicles per day, and is surrounded by strong national retailers including Walmart, Starbucks, Whataburger, Taco Bell & Zaxby's. Just 25 minutes from Huntsville, one of the fastest-growing MSAs in the Southeast, this location draws from a population base of more than 450,000 residents. This offering combines passive income, corporate credit, and prime positioning in an established retail corridor.
This area just north of Huntsville has see explosive growth with multiple national home builders delivering or in process on nearly 1,000 homes in the immediate area. This location is also situated near Hazel Green High School and Hazel Green Middle School with over 2,400 students combined. This Burger King features a double drive thru and excellent parking, access and visibility.
Investment highlights
- Absolute Triple-Net (NNN) Lease - Zero landlord responsibilities
- Corporate-operated Burger King store
- 12 years remaining on lease (expires 10/31/2038)
- NEXT Increase 11/1/2028
- Walmart Supercenter outparcel with strong national co-tenancy
- Built in 2015 - modern construction
- Annual rent: $169,781 with scheduled increases
- Traffic counts: 22,380+ vehicles per day on Hwy 231/431
- Surrounded by national retailers: Walmart, Starbucks, Whataburger, Taco Bell & Zaxby's
- Located 25 minutes north of Downtown Huntsville (459K+ MSA population)
- Situated Near Hazel Green Elementary and Hazel Green High School which is home to 2,400 total students
- Multiple National Builders have delivered nearly 1,000 homes in the immediate area
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