

Listed by Matthews
$1,065,454
Ruby Tuesday - Alexander City, AL
Details
APN 1202041001003021
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 5,136
Net Rentable (SqFt) 5,136
Cap Rate 9.5%
NOI $101,218
Occupancy 100%
Tenancy Single
Brand/Tenant Ruby Tuesday
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 06/30/2040
Remaining Term 14
Rent Bumps Yes
Lease Options Four (4), 5-Years
Year Built 2007
Year Renovated 2021
Stories 1
Acreage 1.270
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Hwy 280 | $1M | 9.50% CAP | Part of Larger Portfolio
Investment highlights
AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO
- Frontage to US-280 | New Chick-fil-A & Publix-Anchored Center Nearby - current rent is equal to $20/SF. Immense visibility & access along Hwy 280 seeing over 26,990 vehicles per day (VPD) in Alexander City's primary retail corridor. Major retailers nearby include Chick-fil-A (new), the Publix-Anchored Shopping Center (new), & the Marketplace of Alexander City located directly across the street & home to ALDI, Harbor Freight, & more shops.
- Booming Economic Growth | Major Thoroughfares Throughout AL | Top 10 Visited Count in AL - located between Birmingham & Auburn, Alexander city is an exponentially growing region in Alabama with long-term upside for future investors. Proximity to major Alabama markets & significant capital investments by local government are two key factors for the booming economic growth of Tallapoosa County.
- Tallapoosa County GDP: $1.5 Billion
- Tallapoosa Average Household Income: $69,686
- Consistent Travel to Nearby Lake Martin - the largest man-made lake in the world with over 750+ miles of shoreline, & one of Alabama's major recreational destinations for boating, fishing, & camping. It is considered one of the most popular lakes in Alabama, with millions of annual visitors.
- Proximity to Auburn University - located 45 minutes from Auburn, Alexander City serves as a major hub along US Hwy 280 where many students & travelers pass through on the way to Auburn University, resulting in a lot of consumer traffic. The university is home to over 35,172 students with notable growth in the Business & Engineering schools.
- Surrounded by Major National Retailers - including Walmart, Publix (new), ALDI, Tractor Supply Co., Chick-fil-A (new), McDonald's, Taco Bell, Zaxby's, & more, driving consistent consumer activity & foot traffic.
- Long-Term Absolute NNN Lease - fourteen (14) years remaining in the initial term with an investor-friendly lease structure.
- Attractive Future Uses Due to the Larger Building & Lot Size - an existing 5,136+ SF building positioned on over 1.27+ AC creates future flexibility & various future uses for investors.
Listing Contacts


Listed by Matthews
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$101,218.00
$8,434.83/mo
Valuation Metrics
0
DSCR
9.5%
Cap Rate
9.5%
ROI
Map
Zoning
B-2 CommercialGeneral CommercialGeneral Business
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View all 116 uses Last updated Mar 25, 2026 For deeper zoning details, reports are available at Zoneomics
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