Zaxby's Absolute NNN
For Sale
Contact for pricing
282 Palisades Blvd, Birmingham, AL 35209
Restaurant building subject to a long-term absolute NNN lease with multiple renewal options.
Property Size3,301 SF
Lot Size0.97 Acres
Days on Market144
Property Features for 282 Palisades Blvd
General Information
Standard status
Active
Size
3,301 SF
Lot size
0.97 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 7:38AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This single-tenant restaurant property includes roughly 3,301 rentable square feet on an estimated 0.97-acre parcel. The building is occupied by Zaxby’s and forms the physical component of a long-term net-leased offering.
The absolute triple-net lease began May 26th 2022 and has a 20-year initial term. Contractual rent increases of 2.00% annually begin in year 7, followed by 4, 5-year renewal options. The property is located at 282 Palisades Blvd in Birmingham, Alabama.
The absolute triple-net lease began May 26th 2022 and has a 20-year initial term. Contractual rent increases of 2.00% annually begin in year 7, followed by 4, 5-year renewal options. The property is located at 282 Palisades Blvd in Birmingham, Alabama.
Key Highlights
- Zaxby’s restaurant building with roughly 3,301 rentable square feet
- Estimated 0.97‑acre parcel at 282 Palisades Blvd, Birmingham, Alabama
- 20‑year absolute triple‑net (NNN) lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 35209, AL
27,827
Population
15,141
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
93%
High-School Grad
9.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$72,383
Median Household Income
$45,513
Median Earnings
$1,246
Median Rent
$465,600
Median Home Value
Market
Vacancy Rate% for Retail in Birmingham, AL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Restaurant building subject to a long-term absolute NNN lease with multiple renewal options.
Where is this nnn property located?
The property is located at 282 Palisades Blvd Birmingham, AL.
What are key features of this property?
This property features: Zaxby’s restaurant building with roughly 3,301 rentable square feet; Estimated 0.97‑acre parcel at 282 Palisades Blvd, Birmingham, Alabama; 20‑year absolute triple‑net (NNN) lease
