Corporate Arby's NNN
For Sale
Contact for pricing
1482 Montgomery Highway, Birmingham, AL 35216
Triple-net lease structure with over six years remaining and one five-year renewal option.
Property SizeContact for details
Days on Market145
Property Features for 1482 Montgomery Highway
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Lina Galinurova
Listed By:
Lina Galinurova · License #MO 2007018222
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:45AM
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 Lina Galinurova
Investment Insights
Based on property information with market context.
This corporate Arby's property is subject to a 25-year triple-net lease with zero landlord responsibilities. More than six years remain on the initial term, which includes rent increases of approximately 7.7 percent every five years and one five-year renewal option. The lease is guaranteed by RTM Alabama, LLC, an Arby's Restaurant Group, Inc. company, under a 50+ unit guarantee.
The property sits along Montgomery Highway/Highway 31 in a retail-focused commercial corridor with national and regional restaurant, hotel, and automotive tenants nearby. Reported traffic exceeds 33,000 vehicles per day on Montgomery Highway/Highway 31, while the site is less than one mile from the I-65 on-ramp. Average I-65 traffic near the property is reported at 124,354 vehicles per day.
The property sits along Montgomery Highway/Highway 31 in a retail-focused commercial corridor with national and regional restaurant, hotel, and automotive tenants nearby. Reported traffic exceeds 33,000 vehicles per day on Montgomery Highway/Highway 31, while the site is less than one mile from the I-65 on-ramp. Average I-65 traffic near the property is reported at 124,354 vehicles per day.
Key Highlights
- 25‑year triple‑net lease with zero landlord responsibilities
- Over six years remain on the initial lease term
- Approximately 7.7% rent increases every five years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
Explore this area
Business Placement
Demographics for 35216, AL
36,673
Population
16,333
Households
2.2
Avg Household Size
35
Median Age
53%
College-Educated
94%
High-School Grad
13.0 sq mi
ZIP Area
2,821
Density / Sq Mi
$73,125
Median Household Income
$42,767
Median Earnings
$1,314
Median Rent
$376,200
Median Home Value
Market
Vacancy Rate% for Retail in Birmingham, AL
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Frequently Asked Questions
What type of property is this?
NNN property - Triple-net lease structure with over six years remaining and one five-year renewal option.
Where is this nnn property located?
The property is located at 1482 Montgomery Highway Birmingham, AL.
What are key features of this property?
This property features: 25‑year triple‑net lease with zero landlord responsibilities; Over six years remain on the initial lease term; Approximately 7.7% rent increases every five years
