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Us Highway 280 Phenix City, AL 36867

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For Lease
$2,655,172

Drive through restaurants

Building Details

Year built
2026

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Listing Contact
Bryan Bender
Source: Fortisnetlease

Listing Agent: Bryan Bender

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Phenix City, Alabama - part of the Phenix Corners shopping center! This 15 year Absolute NNN Lease provides a 10% rent increase every 5 years including at each of the 3 (5 year) options. The store is currently under construction with opening & rent start tracked for January 2026. This Dutch Bros is located in a retail hub on a main highway seeing 38,448 cars per day. It is an outlot in the Phenix Corners shopping center featuring Slim Chicken's, Taco Bell, Firehouse Subs, Shoe Show, FreeUp Storage and many others. Directly across the street sits a Tractor Supply Company/Dollar Tree anchored shopping center. The 5 mile population from the site is 103,887. The 1 mile household income is $59,445. The 5 mile consumer spending is $1 Billion! This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.80% cap rate based on NOI of $154,000.
Phenix City, Alabama is a vibrant community located along the western bank of the Chattahoochee River, directly across from Columbus, Georgia. Serving as the county seat of Russell County, Phenix City combines small-town charm with close proximity to a larger urban center, offering residents and visitors a balance of relaxed southern living and modern convenience. The city is part of the Columbus metropolitan area, making it an important hub for regional commerce, education, and recreation. Its riverfront area has been revitalized in recent years, with scenic walking trails, parks, and easy access to the Chattahoochee RiverWalk and Whitewater Express, one of the longest urban whitewater courses in the world. Phenix City’s location along major transportation routes—including U.S. Highways 80 and 431—provides quick access to destinations throughout Alabama and Georgia. The city’s landscape features rolling hills, tree-lined neighborhoods, and a blend of historic districts and growing residential developments. Known for its welcoming community, strong sense of local pride, and rich history, Phenix City serves as both a gateway to east Alabama and a key part of the greater Chattahoochee Valley region.
15 Absolute NNN Lease | Zero Landlord Responsibility
Part of Phenix Corners Shopping Center
Excellent Visibility Seeing 38,448 Cars Per Day
10% Rental Rate Increases Every 5 Years
Three (5 Year) Options to Renew with 10% Increase at Each
5 Mile Population 103,887
1 Mile Average Household Income $59,445
5 Mile Consumer Spending is $1 Billion!
Corporate Guaranty
Located in Retail Hub with Major Tenants Surrounding
Location Intelligence

Current Use by Public Records

Drive through restaurants

Map

City
Phenix City
County
Lee
State
Alabama
Longitude
-85.072149
Latitude
32.525115

FAQs

Where is this drive through restaurant located?
The property is located at Us Highway 280 Phenix City, AL.
What are key features of this property?
This property features: - Brand new 15-year Absolute NNN Lease with zero landlord responsibility, ensuring a passive income stream.; - Located in a high-traffic retail hub (Phenix Corners Shopping Center) with excellent visibility, seeing 38,448 cars per day, surrounded by major tenants.; - Attractive 10% rental rate increases every 5 years, including at each of the three (5-year) renewal options.
More about this property
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