Net Leased Quick-Service Restaurant

4900 Old US Highway 231, Wetumpka, AL 36092

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New

For Sale

$2,150,000

New single-tenant net lease Popeyes location on a high-traffic highway corridor with long-term lease security.

Type:Restaurant

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
Located on U.S. Highway 231 with approx. 38,482 AADT for strong daily traffic exposure
2% annual rent escalations for built‑in income growth
Site is adjacent to a new Publix‑anchored development and near planned Chick‑fil‑A and 7 Brew

We can help!

Listing Contact

Gene Cody, CCIM

Learn more

For Sale

$2,150,000

New single-tenant net lease Popeyes location on a high-traffic highway corridor with long-term lease security.

Type:Restaurant

Added:: Jun 11, 2026
Days on Market:: 3
Last Refresh:: Jun 13 at 3:40 am

Property Features for 4900 Old US Highway 231

General Information

Standard status: Active
Property subtype: Restaurant

Building Details

Year Built: 2020

We can help!

Listing Contact

Gene Cody, CCIM

Listing agent Gene Cody, CCIM

Listing office Moore Company Realty, Inc

Listing date Jun 11, 2026

Source Thebrokerlist

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All listing content including descriptions, pricing, images are the copyrighted material of Moore Company Realty, Inc

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
Located on U.S. Highway 231 with approx. 38,482 AADT for strong daily traffic exposure
2% annual rent escalations for built‑in income growth
Site is adjacent to a new Publix‑anchored development and near planned Chick‑fil‑A and 7 Brew

Overview

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.

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Location Insight

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Local Demand

City: Wetumpka
County: Elmore
State: Alabama
Longitude: -86.2443747
Latitude: 32.6448661

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For sale
NNN properties
AL
Wetumpka
36092
4900 Old US Highway 231

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 $2,150,000.

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