Triple-Net Restaurant
1115 Rucker Blvd Enterprise, AL 36330
For Sale
Contact for pricing
Captain D’s restaurant building is subject to an absolute triple-net lease with remaining renewal options.
Property Size2,444 SF
Lot Size0.63 Acres
Days on Market104
Property Features for 1115 Rucker Blvd
General Information
- Standard status
- Active
- Size
- 2,444 SF
- Lot size
- 0.63 Acres
- Property subtype
- Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 10:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
The property is a Captain D’s restaurant site, offered for sale with an absolute triple-net (NNN) lease that commenced January 1, 1980. The building includes approximately 2,444 rentable square feet on an estimated 0.63-acre parcel. In addition to a current minimum annual rent of $52,000, the lease includes additional rent equal to 6% of gross sales above $72,222 in each 12-month lease period. Total annual rent paid was $59,005 in 2019, $59,573 in 2020, and $63,755 in 2021.
In the fall of 2019, the tenant completed a remodel of the store, reflecting ongoing corporate commitment to continued operations at the location. The lease also includes two remaining five-year renewal options.
The property is presented as a specialty, NNN restaurant asset with long-established tenancy and rent structure tied to gross sales performance.
In the fall of 2019, the tenant completed a remodel of the store, reflecting ongoing corporate commitment to continued operations at the location. The lease also includes two remaining five-year renewal options.
The property is presented as a specialty, NNN restaurant asset with long-established tenancy and rent structure tied to gross sales performance.
Key Highlights
- Captain D’s at 1115 Rucker Boulevard, Enterprise, AL, includes about 2,444 rentable SF on an estimated 0.63‑acre parcel
- Absolute triple‑net (NNN) lease commenced January 1, 1980
- Minimum annual rent is $52,000, plus additional rent equal to 6% of gross sales over $72,222 each 12‑month period
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
NNN property - Captain D’s restaurant building is subject to an absolute triple-net lease with remaining renewal options.
Where is this nnn property located?
The property is located at 1115 Rucker Blvd Enterprise, AL.
What are key features of this property?
This property features: Captain D’s at 1115 Rucker Boulevard, Enterprise, AL, includes about 2,444 rentable SF on an estimated 0.63‑acre parcel; Absolute triple‑net (NNN) lease commenced January 1, 1980; Minimum annual rent is $52,000, plus additional rent equal to 6% of gross sales over $72,222 each 12‑month period
