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Whataburger NNN Property

1824 Ashville Rd, Leeds, AL 35094

For Sale
New
$1,848,000

The lease has more than eight years remaining, plus three five-year extension options.

Property Size3,154 SF
Days on Market1

Property Features for 1824 Ashville Rd

General Information

Standard status Active
Size 3,154 SF
Property subtype Retail
Zoning General Business (B-2)

Additional Details

Tenant in Place Yes

Building Details

Building Size 3,154 SF
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Kyle Fant · License AL #10401281546
Source: Srsre
Added: Nov 12 Last Checked: Nov 12 at 2:21PM

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 SRS Real Estate Partners - Global Company

Rey
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Investment Insights

Based on property information with market context.

This NNN property in Leeds, Alabama, is leased to Whataburger Restaurants LLC, a corporate entity of Whataburger. The current lease term has more than 8 years remaining and includes 3 five-year extension options.

Contract rent increases by 10% in August 2030, with further 10% increases at the start of each option period. Whataburger operates more than 1,200 restaurants across 17 states. The property is zoned General Business (B-2) and is located at 1824 Ashville Rd.

Key Highlights

  • Leased to Whataburger Restaurants LLC, a corporate entity of Whataburger
  • More than 8 years remain in the current lease term
  • 3 (5‑Year) extension options

Property Analytics

Current Use

Whataburger Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store HVAC Service Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby
454k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 22% Superstores 16% Groceries 8%
Walmart Superstores
73,241 visits/mo 0.2 miles
Publix Groceries
37,523 visits/mo 0.5 miles
Chick-fil-A Dining
36,840 visits/mo 0.2 miles
Raceway Shops & Services
29,113 visits/mo 0.5 miles
McDonald's Dining
25,282 visits/mo 0.2 miles

Demographics for 35094, AL

14,936
Population
6,502
Households
2.3
Avg Household Size
41
Median Age
29%
College-Educated
87%
High-School Grad
58.7 sq mi
ZIP Area
254
Density / Sq Mi
$74,340
Median Household Income
$45,210
Median Earnings
$976
Median Rent
$222,200
Median Home Value

Market

Properties on Market for NNN properties in Jefferson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The lease has more than eight years remaining, plus three five-year extension options.
Where is this nnn property located?
The property is located at 1824 Ashville Rd Leeds, AL.
What is the asking price?
The asking price for this property is $1,848,000.
What are key features of this property?
This property features: Leased to Whataburger Restaurants LLC, a corporate entity of Whataburger; More than 8 years remain in the current lease term; 3 (5‑Year) extension options
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