Hardee's

9400 Parkway East
Birmingham, AL 35215

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 2,794

Acreage: +/- 0.95

Price: $2,785,000

Cap Rate: 5.50%

Description:

  • Brand new construction completed November 2014
  • 20 year NNN corporate lease that commenced in November 2014 with 7% rent bumps every 5 years
  • Signalized corner location just off I-59 with close proximity to the international airport and downtown district 
  • Well positioned within trade area at a high profile intersection adjacent to Walmart
  • Over 50,000 cars per day in front of property
  • Over 104,000 residents in a 5 mile radius of property
  • Commercial real estate investments