Popeyes NNN
New
For Sale
$1,828,000
119 Compromise Ct, Phenix City, AL 36870
Popeyes occupies a freestanding restaurant under a long-term absolute net lease.
Property Size2,400 SF
Lot Size1.00 Acre
Price / SF$761.67
Days on Market3
Property Features for 119 Compromise Ct
General Information
Standard status
Active
Size
2,400 SF
Lot size
1.00 Acre
Property subtype
Restaurant
Lease Type
Absolute Net
Site & Location
Traffic Count
23,858 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6%
Amenities
Long-Term Absolute Net Lease With 15.1 Years Remaining
Excellent Access and Visibility on US-80 (23,858 VPD)
Part of an Established, Multi-Phase Retail Development Anchored by Walmart Since 2016
Positioned Within the Columbus, GA-AL MSA (MSA Population: 324,830), Anchored by Fort Moore and Three Major Corporate Headquarters
193,519 Residents and a 193,774 Daytime Population Within a 10-Mile Radius
Modern Popeyes Construction Built in 2021 on a Full 1-Acre Corner Lot
Building Details
Building Size
2,400 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Birmingham
(205) 510-9200
Listed By:
Eddie Greenhalgh · License #License(s) AL: 0000882980
(205) 510-9200
Source:
Marcusmillichap
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 4 at 2:51AM
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 - Birmingham
Investment Insights
Based on property information with market context.
This 2,400-square-foot Popeyes restaurant is positioned on a full 1-acre corner lot in Phenix City, Alabama. The property is subject to an absolute net lease with 15.1 years remaining on the initial 20-year term. The tenant is responsible for taxes, insurance, CAM, roof, and structure, while contractual rent increases occur at 7.50% intervals every five years.
The site is adjacent to a Walmart Neighborhood Market within an established, multi-phase retail development. Additional commercial occupants include Taco Bell, Dollar Tree, Sonic, and Snappy's Express Car Wash. Access and visibility are provided along US-80, which carries 23,858 VPD and connects Phenix City with downtown Columbus, Georgia, within the Columbus, GA-AL MSA.
The site is adjacent to a Walmart Neighborhood Market within an established, multi-phase retail development. Additional commercial occupants include Taco Bell, Dollar Tree, Sonic, and Snappy's Express Car Wash. Access and visibility are provided along US-80, which carries 23,858 VPD and connects Phenix City with downtown Columbus, Georgia, within the Columbus, GA-AL MSA.
Key Highlights
- 2,400‑square‑foot Popeyes restaurant on a full 1‑acre corner lot
- 15.1 years remaining on the initial 20‑year lease term
- Absolute net structure assigns taxes, insurance, CAM, roof, and structure to the tenant
Property Analytics
Current Use
Lease Details
23,858 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 36870, AL
19,325
Population
7,951
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
91%
High-School Grad
23.7 sq mi
ZIP Area
815
Density / Sq Mi
$69,652
Median Household Income
$41,976
Median Earnings
$972
Median Rent
$178,100
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 - Popeyes occupies a freestanding restaurant under a long-term absolute net lease.
Where is this nnn property located?
The property is located at 119 Compromise Ct Phenix City, AL.
What is the asking price?
The asking price for this property is $1,828,000.
What are key features of this property?
This property features: 2,400‑square‑foot Popeyes restaurant on a full 1‑acre corner lot; 15.1 years remaining on the initial 20‑year lease term; Absolute net structure assigns taxes, insurance, CAM, roof, and structure to the tenant
