NNN Ground Lease Investment
For Sale
Contact for pricing
3531 US-280, Phenix City, AL 36870
New 12-year NNN ground lease with rental increases.
Property Size4,694 SF
Price / SF$736.05
Days on Market170
Property Features for 3531 US-280
General Information
Standard status
Active
Size
4,694 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$190,000
Building Details
Year Built
2025
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Sacramento, California
Listed By:
Ryan Forsyth · License #CA 01716551
Source:
Crexi
Added: Mar 27
Changed: Aug 31
Last Checked: Sep 12 at 4:25AM
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 Cushman & Wakefield - Sacramento, California
Investment Insights
Based on property information with market context.
This property presents a new 12-year absolute NNN corporate ground lease, supported by a company with over 670 locations. The lease structure requires zero landlord maintenance, making it suitable for investors. Rental increases of 10% are scheduled throughout the initial term and option periods. The parent company, Bloomin’ Brands, Inc. (NASDAQ: “BLMN”), reported total quarterly revenues rising from $910M to $929M in Q3 2025 compared to Q3 2024. The property is situated across the street from the most highly trafficked Walmart in Alabama. It is part of a newly constructed 11.6-acre retail development that includes traffic drivers such as Starbucks, Chipotle, Valvoline, and Peachtree Immediate Care. The location offers high visibility and accessibility along U.S. Route 280, with an average annual daily traffic count of 33,899.
Key Highlights
- Absolute NNN ground lease requiring zero landlord maintenance, ideal for out‑of‑area investors.
- New 12‑year corporate ground lease backed by a large, established company (670+ locations).
- 10% rental increases through initial term and option periods, ensuring consistent income growth.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
350k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Superstores 32%
Shops & Services 17%
Home Improvements & Furnishings 11%
Walmart
Superstores
113,247 visits/mo
0.3 miles
Chick-fil-A
Dining
50,185 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
38,101 visits/mo
0.5 miles
Circle K
Shops & Services
24,946 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
21,544 visits/mo
0.4 miles
Demographics for 36870, AL
19,325
Population
7,951
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
91%
High-School Grad
23.7 sq mi
ZIP Area
815
Density / Sq Mi
$69,652
Median Household Income
$41,976
Median Earnings
$972
Median Rent
$178,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - New 12-year NNN ground lease with rental increases.
Where is this nnn property located?
The property is located at 3531 US-280 Phenix City, AL.
What is the asking price?
The asking price for this property is $3,455,000.
What are key features of this property?
This property features: Absolute NNN ground lease requiring zero landlord maintenance, ideal for out‑of‑area investors.; New 12‑year corporate ground lease backed by a large, established company (670+ locations).; 10% rental increases through initial term and option periods, ensuring consistent income growth.
