Net Leased Quick-Service
For Sale
$1,950,000
4900 Old US Highway 231, Wetumpka, AL 36092
New single-tenant net lease Popeyes location on a high-traffic highway corridor with long-term lease security.
Days on Market50
Property Features for 4900 Old US Highway 231
General Information
Standard status
Active
Property subtype
Restaurant
Building Details
Year Built
2020
Listing Agency:
Moore Company Realty, Inc
(334) 262-1958
Listed By:
Gene Cody, CCIM
(334) 262-1958
Source:
Thebrokerlist
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 30 at 2:27AM
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 Moore Company Realty, Inc
Investment Insights
Based on property information with market context.
4900 Old US Highway 231 is a newly developed, single-tenant net leased quick-service restaurant property occupied by Popeyes. The investment is structured as an absolute NNN lease, with the tenant responsible for roof, structure, HVAC, and parking lot maintenance and repairs.
The site is positioned along heavily traveled U.S. Highway 231 in Wetumpka, Alabama, providing strong visibility and traffic exposure of approximately 38,482 AADT. It is located within Wetumpka’s primary retail corridor just north of Montgomery. The property is adjacent to a new Publix-anchored development and near other planned or anticipated concepts including Chick-fil-A and 7 Brew.
For investors or long-term operators seeking a stabilized, brand-backed asset, the property’s lease terms are designed to reduce near-term rollover risk, with a brand-new 20-year initial lease term and four five-year renewal options. The lease also includes 2% annual rent escalations. This combination of national-tenant credit, long-dated lease structure, and highway visibility supports a practical, income-focused ownership profile.
The site is positioned along heavily traveled U.S. Highway 231 in Wetumpka, Alabama, providing strong visibility and traffic exposure of approximately 38,482 AADT. It is located within Wetumpka’s primary retail corridor just north of Montgomery. The property is adjacent to a new Publix-anchored development and near other planned or anticipated concepts including Chick-fil-A and 7 Brew.
For investors or long-term operators seeking a stabilized, brand-backed asset, the property’s lease terms are designed to reduce near-term rollover risk, with a brand-new 20-year initial lease term and four five-year renewal options. The lease also includes 2% annual rent escalations. This combination of national-tenant credit, long-dated lease structure, and highway visibility supports a practical, income-focused ownership profile.
Key Highlights
- Built in 2020 single‑tenant Popeyes net leased investment on U.S. Highway 231 in Wetumpka, AL
- Occupied by Popeyes under a brand‑new 20‑year initial lease term with four (4) five‑year renewal options
- Absolute NNN lease: tenant responsible for roof, structure, HVAC, and parking lot maintenance and repairs
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 36092, AL
21,517
Population
9,272
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
91%
High-School Grad
138.1 sq mi
ZIP Area
156
Density / Sq Mi
$75,540
Median Household Income
$41,114
Median Earnings
$1,024
Median Rent
$189,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - New single-tenant net lease Popeyes location on a high-traffic highway corridor with long-term lease security.
Where is this nnn property located?
The property is located at 4900 Old US Highway 231 Wetumpka, AL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Built in 2020 single‑tenant Popeyes net leased investment on U.S. Highway 231 in Wetumpka, AL; Occupied by Popeyes under a brand‑new 20‑year initial lease term with four (4) five‑year renewal options; Absolute NNN lease: tenant responsible for roof, structure, HVAC, and parking lot maintenance and repairs
