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Popeyes Absolute NNN Property

1845 Center Point Parkway, Center Point, AL 35215

For Sale
Contact for pricing

The restaurant operates under an absolute NNN lease with scheduled rent increases and multiple renewal options.

Property SizeContact for details
Lot Size0.71 Acres
Days on Market8

Property Features for 1845 Center Point Parkway

General Information

Standard status Active
Lot size 0.71 Acres
Property subtype Retail

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Traffic Count 23,523 vehicles/day
Listing Agency: Commercial Investment Advisors (CIA) Scottsdale
Listed By: Justin Zahn · License AL SA545840000
Source: Crexi
Added: Nov 2 Changed: Nov 9 Last Checked: Nov 9 at 1:55PM

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 Commercial Investment Advisors (CIA) Scottsdale

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Investment Insights

Based on property information with market context.

This Popeyes restaurant is subject to an absolute NNN lease with 20 years of term, 7.50% rent escalations every five years, and four additional five-year renewal options. The property occupies approximately 0.71 acres and has operated since 2013. The lease guarantee covers 84 restaurant units across the guarantor’s brands.

The site is on a signalized corner along Center Point Parkway, with reported traffic counts of 23,523 vehicles per day. Retailers within five miles include Walmart, ALDI, CVS, and Planet Fitness. UAB St. Vincent’s Birmingham is 12.5 miles away, and the University of Alabama at Birmingham is 13 miles away.

Key Highlights

  • Absolute NNN lease with 20 years of term
  • 7.50% rent escalations every 5 years and four 5‑year renewal options
  • Approximately 0.71‑acre parcel at a signalized corner on Center Point Parkway

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center Nail Salon Building Supply

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

Lease Details

23,523 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby

Demographics for 35215, AL

46,772
Population
19,718
Households
2.4
Avg Household Size
34
Median Age
18%
College-Educated
88%
High-School Grad
28.3 sq mi
ZIP Area
1,653
Density / Sq Mi
$51,854
Median Household Income
$32,323
Median Earnings
$1,080
Median Rent
$146,900
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 restaurant operates under an absolute NNN lease with scheduled rent increases and multiple renewal options.
Where is this nnn property located?
The property is located at 1845 Center Point Parkway Center Point, AL.
What is the asking price?
The asking price for this property is $2,480,000.
What are key features of this property?
This property features: Absolute NNN lease with 20 years of term; 7.50% rent escalations every 5 years and four 5‑year renewal options; Approximately 0.71‑acre parcel at a signalized corner on Center Point Parkway
(214) 643-6097 Call to check price and availability
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