Absolute NNN Freestanding
For Sale
$3,167,000
2801 Hwy 78 E, Jasper, AL 35501
Absolute NNN Wendy’s built in 2016 with a lease running to March 2037 and rent bumps every five years.
Property Size3,500 SF
Lot Size0.90 Acres
Price / SF$904.86
Days on Market94
Property Features for 2801 Hwy 78 E
General Information
Standard status
Active
Size
3,500 SF
Lot size
0.90 Acres
Property subtype
Restaurant
Lease Type
Absolute Net
Site & Location
Traffic Count
25,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.12%
Amenities
Absolute NNN Wendy's with Nearly 11 Years Remaining (7.50% Rent Bump in 2027)
High Volume Wendy's with Excellent Visibility Along Busy Highway 78 – Located Blocks from Walmart and Home Depot
Placer.ai Ranks the Site in the 84th percentile nationally (862nd / 5,621 restaurants) and the 92nd percentile in Alabama (8th / 89 restaurants)
Strong Multi-Brand and Multi-Unit Franchisee – 53 Restaurants in Four States
2016 Construction – 40 Minutes from Downtown Birmingham, AL
Building Details
Building Size
3,500 SF
Year Built
2016
Buildings
1
Listing Agency:
Marcus & Millichap - Birmingham
Listed By:
Eddie Greenhalgh · License #License(s) AL: 0000882980
(205) 510-9200
Source:
Marcusmillichap
Added: Jun 1
Changed: Aug 19
Last Checked: Sep 1 at 2:44PM
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 Marcus & Millichap - Birmingham
Investment Insights
Based on property information with market context.
This absolute NNN Wendy’s freestanding restaurant includes a 3,500 square foot building constructed in 2016 on a 0.90 acre parcel. The lease commenced in 2017 and is set to expire in March of 2037, providing nearly 11 years remaining of lease term. As an Absolute NNN structure, the lease includes zero landlord maintenance or expense responsibilities.
The property is located along Highway 78 with excellent frontage and visibility, where over 25,000 vehicles per day pass that portion of the highway. The lease includes 7.50% rent bumps every 5 years, with the next rent bump scheduled for March of 2027. The lease does not require sales reporting.
The restaurant sits within a dense retail corridor supported by national retailers, including Home Depot, Walmart, Food City, Starbucks, and Whataburger, among others. Jasper, Alabama is the county seat of Walker County and serves as a primary commercial and service hub for northwest Alabama communities, with regional connectivity via Interstate 22 and U.S. Highway 78.
The property is located along Highway 78 with excellent frontage and visibility, where over 25,000 vehicles per day pass that portion of the highway. The lease includes 7.50% rent bumps every 5 years, with the next rent bump scheduled for March of 2027. The lease does not require sales reporting.
The restaurant sits within a dense retail corridor supported by national retailers, including Home Depot, Walmart, Food City, Starbucks, and Whataburger, among others. Jasper, Alabama is the county seat of Walker County and serves as a primary commercial and service hub for northwest Alabama communities, with regional connectivity via Interstate 22 and U.S. Highway 78.
Key Highlights
- Over 25,000 vehicles per day pass Highway 78 portion with excellent frontage and visibility
- Absolute NNN lease structure with zero landlord maintenance or expense responsibilities
- 3,500 SF building constructed in 2016
Property Analytics
Property Profile
Current Use
Lease Details
25,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
129k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Groceries 17%
Shops & Services 17%
Home Improvements & Furnishings 1%
Winn-Dixie
Groceries
22,377 visits/mo
0.3 miles
Arby's
Dining
21,149 visits/mo
0.2 miles
Wendy's
Dining
20,589 visits/mo
0.2 miles
Jack's Family Restaurants
Dining
16,375 visits/mo
0.1 miles
SONIC Drive In
Dining
14,534 visits/mo
0.3 miles
Demographics for 35501, AL
10,284
Population
4,591
Households
2.2
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
47.8 sq mi
ZIP Area
215
Density / Sq Mi
$44,918
Median Household Income
$35,548
Median Earnings
$782
Median Rent
$150,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Absolute NNN Wendy’s built in 2016 with a lease running to March 2037 and rent bumps every five years.
Where is this conventional restaurant located?
The property is located at 2801 Hwy 78 E Jasper, AL.
What is the asking price?
The asking price for this property is $3,167,000.
What are key features of this property?
This property features: Over 25,000 vehicles per day pass Highway 78 portion with excellent frontage and visibility; Absolute NNN lease structure with zero landlord maintenance or expense responsibilities; 3,500 SF building constructed in 2016
