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Net Leased Popeyes Restaurant
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4900 US Highway 231, Wetumpka, AL 36092

Newly developed net-leased Popeyes along U.S. Highway 231 with a long-term lease and strong traffic exposure.

Property Size2,766 SF
Price / SF$777.30
Days on Market57

Property Features for 4900 US Highway 231

General Information

Standard status Active
Size 2,766 SF
Property subtype Retail

Site & Location

Traffic Count 38,482 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2020
Tenancy Single
Listing Agency: Moore Company Realty
Listed By: Gene Cody, CCIM, SIOR · License #AL 000084543
Source: Crexi
Added: Jun 9 Changed: Jul 10 Last Checked: Aug 3 at 9:09AM

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

Investment Insights

Based on property information with market context.

4900 U.S. Highway 231 is a newly developed, single-tenant net leased restaurant property occupied by Popeyes. The facility totals 2,766 square feet and is structured as a net leased investment, designed to place primary operating responsibility with the tenant while tying the asset to the restaurant’s lease.

The property is located along heavily traveled U.S. Highway 231 in Wetumpka, Alabama, just north of Montgomery, within the area’s primary retail corridor. It benefits from excellent visibility and strong traffic exposure, with approximately 38,482 AADT.

This investment is secured by a brand-new 20-year initial lease term with four five-year renewal options. For prospective buyers, the long initial term and multiple renewal opportunities may help reduce the likelihood of near-term lease rollover, supporting continuity for an operator already established at the site.

Key Highlights

  • Newly built 2020 Popeyes single‑tenant net lease property
  • Located on U.S. Highway 231 in Wetumpka, AL, along a heavily traveled corridor
  • Strong traffic exposure of approximately 38,482 AADT

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Electrical Service Hair Salon Plumbing Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

38,482 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby
Well-served
Demand for This Use

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

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?
Conventional restaurant - Newly developed net-leased Popeyes along U.S. Highway 231 with a long-term lease and strong traffic exposure.
Where is this conventional restaurant located?
The property is located at 4900 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: Newly built 2020 Popeyes single‑tenant net lease property; Located on U.S. Highway 231 in Wetumpka, AL, along a heavily traveled corridor; Strong traffic exposure of approximately 38,482 AADT
(334) 657-7257 Call to check price and availability
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