Krystal NNN Ground
For Sale
Contact for pricing
1119 Main St, Gardendale, AL 35071
Established restaurant site leased under a long-term NNN structure with renewal options and scheduled rent increases.
Property SizeContact for details
Days on Market143
Property Features for 1119 Main St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Atlanta
Listed By:
Robby Pfeiffer · License #GA 380053
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 10:22AM
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 Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
This offering comprises a Krystal restaurant operating under a long-term ground lease. The tenancy dates to 1976, when the original NNN lease commenced, and the restaurant has remained at the site through the initial term and exercised renewal options. The current lease includes more than 8 years of remaining term, along with 3 additional 5-year renewal options and 10% rent increases every 5 years.
The property is located at 1119 Main St in Gardendale, Alabama, along Highway 31. The corridor records 16,850 VPD and includes nearby retailers such as Publix, ALDI, Walmart, Panera Bread, Hobby Lobby, McDonald's, CVS, and Walgreens. The asset combines an operating restaurant tenancy with a defined ground-lease structure and multiple extension periods.
The property is located at 1119 Main St in Gardendale, Alabama, along Highway 31. The corridor records 16,850 VPD and includes nearby retailers such as Publix, ALDI, Walmart, Panera Bread, Hobby Lobby, McDonald's, CVS, and Walgreens. The asset combines an operating restaurant tenancy with a defined ground-lease structure and multiple extension periods.
Key Highlights
- NNN ground lease originating in 1976
- More than 8 years remaining on the current lease term
- 3 additional 5‑year renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 30%
Electronics 4%
McDonald's
Dining
23,738 visits/mo
0.1 miles
Guthrie's
Dining
11,127 visits/mo
0.0 miles
Exxon
Shops & Services
5,360 visits/mo
0.1 miles
TitleMax Title Loans
Shops & Services
3,408 visits/mo
0.1 miles
AutoZone
Shops & Services
2,992 visits/mo
0.1 miles
Demographics for 35071, AL
17,162
Population
7,054
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
57.7 sq mi
ZIP Area
297
Density / Sq Mi
$80,745
Median Household Income
$57,103
Median Earnings
$1,183
Median Rent
$239,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Established restaurant site leased under a long-term NNN structure with renewal options and scheduled rent increases.
Where is this nnn property located?
The property is located at 1119 Main St Gardendale, AL.
What are key features of this property?
This property features: NNN ground lease originating in 1976; More than 8 years remaining on the current lease term; 3 additional 5‑year renewal options
