Net Leased Popeyes
4900 US Highway 231, Wetumpka, AL 36092
For Sale
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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$704.99
Days on Market155
Property Features for 4900 US Highway 231
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Site & Location
Traffic Count
Highway Access
Road Access
Building Details
Year Built
Tenancy
Listing Agency:
Moore Company Realty
Listed By:
Gene Cody, CCIM, SIOR · License AL #000084543
(334) 262-1958
Source:
Crexi
Added: Jun 9
Changed: Nov 8
Last Checked: Nov 10 at 8:59AM
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
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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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
38,482 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Well-served
Demand for This Use
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
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Market
Vacancy Rate% for Retail in South region
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 $1,950,000.
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
