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Hwy 55 Drive-Through Restaurant
For Sale
$2,100,000

3306 Cloverdale Rd, Florence, AL 35633

Newly built restaurant with a corporately guaranteed absolute NNN lease and scheduled rent increases.

Property Size2,152 SF
Days on Market140

Property Features for 3306 Cloverdale Rd

General Information

Standard status Active
Size 2,152 SF
Property subtype Retail

Site & Location

Drive-Thru Yes
Traffic Count 22,000 vehicles/day

Building Details

Building Size 2,152 SF
Year Built 2023
Listing Agency: Wertz Real Estate Investment
Listed By: Casey Howard · License #01448585
Source: Egsinc
Added: Apr 13 Changed: Aug 30 Last Checked: Jun 25 at 3:07PM

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 Wertz Real Estate Investment

Investment Insights

Based on property information with market context.

This newly constructed Hwy 55 Burgers, Shakes & Fries restaurant is configured for drive-through service and is subject to a 20-year absolute NNN lease. The lease is corporately guaranteed by Hwy 55, provides 10% rental increases every 5 years during the primary term, and includes four 5-year option periods with the same increase schedule.

The property is positioned along Cloverdale Road in Florence, Alabama, within a retail area that includes Taco Bell, Slim Chickens, Dollar General, and Advance Auto Parts. It shares access with the nearby Slim Chickens and Taco Bell drive-through locations and benefits from reported traffic of more than 22,000 vehicles per day on Cloverdale Road. Additional national retailers in the surrounding area include Walmart, CVS, Zaxby’s, Culver’s, Verizon, Dollar Tree, McDonald’s, and O’Reilly Auto Parts.

Key Highlights

  • Newly constructed Hwy 55 Burgers, Shakes & Fries drive‑through restaurant
  • 20‑year absolute NNN lease with corporate guarantee from Hwy 55
  • 10% rental increases every 5 years during the primary term

Property Analytics

Current Use

Drive through restaurants

Suggested Use

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

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

22,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby
200k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Superstores 35% Shops & Services 17%
Walmart Superstores
69,973 visits/mo 0.4 miles
McDonald's Dining
20,161 visits/mo 0.1 miles
Jack's Family Restaurants Dining
17,682 visits/mo 0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
17,172 visits/mo 0.4 miles
Culver's Dining
16,899 visits/mo 0.4 miles

Demographics for 35633, AL

20,446
Population
9,025
Households
2.3
Avg Household Size
44
Median Age
25%
College-Educated
87%
High-School Grad
208.3 sq mi
ZIP Area
98
Density / Sq Mi
$66,008
Median Household Income
$36,871
Median Earnings
$792
Median Rent
$177,500
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Newly built restaurant with a corporately guaranteed absolute NNN lease and scheduled rent increases.
Where is this drive through restaurant located?
The property is located at 3306 Cloverdale Rd Florence, AL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Newly constructed Hwy 55 Burgers, Shakes & Fries drive‑through restaurant; 20‑year absolute NNN lease with corporate guarantee from Hwy 55; 10% rental increases every 5 years during the primary term
More about this property
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