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True NNN Restaurant Investment
For Sale
$2,800,000

18874 Section St, Fairhope, AL 36532

Single-tenant restaurant property offered as a true NNN lease with tenant responsibility for taxes, insurance, and maintenance.

Property SizeContact for details
Days on Market149

Property Features for 18874 Section St

General Information

Standard status Active
Listing Agency: Wise Living Real Estate, LLC
Listed By: Don Rhodes · License #164408-1
Source: Exprealty
Added: Apr 8 Changed: Sep 3 Last Checked: Sep 1 at 9:25PM

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 Wise Living Real Estate, LLC

Investment Insights

Based on property information with market context.

This true NNN restaurant investment is currently the home of DragonFly Foodbar. The lease structure places responsibility for taxes, insurance, maintenance, and roof on the tenant, supporting a hands-off ownership model. The offering is based on three parcels totaling approximately 2.5 acres, identified by PPINs 696, 67545, and 107350.

The property is located at 18874 South Section St, Fairhope, AL 36532. Financial information is available upon request, and the listing agent notes that the buyer should verify all information during due diligence.

The restaurant tenant is described as an established local business with multiple years remaining on the lease, providing immediate income to a new owner.

Key Highlights

  • True NNN lease investment: tenant responsible for taxes, insurance, maintenance, and roof
  • Single‑tenant restaurant property currently home of DragonFly Foodbar
  • Multiple parcels totaling approximately 2.5 acres (PPINs 696, 67545, 107350)

Property Analytics

Current Use

Dragonfly Food Bar Restaurant Ahi Seafood Market Specialty Food Shop Senior American Life ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Repair Shop Law Firm Restaurant

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

31
Businesses Nearby

Demographics for 36532, AL

36,918
Population
17,502
Households
2.1
Avg Household Size
48
Median Age
50%
College-Educated
94%
High-School Grad
73.2 sq mi
ZIP Area
504
Density / Sq Mi
$86,026
Median Household Income
$46,129
Median Earnings
$1,374
Median Rent
$395,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant restaurant property offered as a true NNN lease with tenant responsibility for taxes, insurance, and maintenance.
Where is this nnn property located?
The property is located at 18874 Section St Fairhope, AL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: True NNN lease investment: tenant responsible for taxes, insurance, maintenance, and roof; Single‑tenant restaurant property currently home of DragonFly Foodbar; Multiple parcels totaling approximately 2.5 acres (PPINs 696, 67545, 107350)
More about this property
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