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Freestanding Drive-Through Restaurant
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695 Highway 31 Southwest, Hartselle, AL 35640

Captain D’s occupies a freestanding building under an Absolute NNN lease with four five-year renewal options.

Property Size3,021 SF
Price / SF$503.52
Days on Market9

Property Features for 695 Highway 31 Southwest

General Information

Standard status Active
Size 3,021 SF
Property subtype Retail
Lease Type Absolute Net
Net Operating Income $106,480

Site & Location

Drive-Thru Yes
Traffic Count 24,680 vehicles/day
Highway Access Yes

Additional Details

Cap Rate 7%

Building Details

Year Built 2007
Buildings 1
Units 1
Tenancy Single
Listing Agency: Matthews
Listed By: Caroline Crain · License #381637
Source: Crexi
Added: Aug 26 Changed: Sep 3 Last Checked: Sep 3 at 2:40AM

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 Matthews

Investment Insights

Based on property information with market context.

This freestanding Captain D’s restaurant was built in 2007 and contains 3,021 square feet with a drive-through. The investment is structured under an Absolute NNN lease, with no landlord responsibilities identified in the offering terms. Four five-year renewal options provide additional lease term flexibility, and the stated cap rate is 7%.

The property is positioned along Highway 31 in Hartselle, Alabama, with approximately 24,680 vehicles per day. Walmart and Kroger are nearby, while Starbucks and Express Oil Change & Tire Engineers represent more recent retail development in the surrounding commercial area. I-65 is less than three miles away, and Huntsville is approximately 30 minutes from the property.

Key Highlights

  • Freestanding Captain D’s restaurant with drive‑through
  • 3,021‑square‑foot building constructed in 2007
  • Absolute NNN lease with no landlord responsibilities

Property Analytics

Current Use

Captain D's Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Skin Care Clinic Storage Facility Big Box & Wholesale 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

24,680 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

685
Businesses Nearby
212k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 37% Dining 31% Superstores 28% Electronics 2%
Walmart Superstores
60,035 visits/mo 0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
15,268 visits/mo 0.3 miles
Murphy USA Shops & Services
14,907 visits/mo 0.5 miles
Dollar Tree Shops & Services
14,541 visits/mo 0.3 miles
Jack's Family Restaurants Dining
11,742 visits/mo 0.2 miles

Demographics for 35640, AL

25,913
Population
11,023
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
106.9 sq mi
ZIP Area
242
Density / Sq Mi
$69,686
Median Household Income
$43,844
Median Earnings
$767
Median Rent
$196,600
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?
Drive through restaurant - Captain D’s occupies a freestanding building under an Absolute NNN lease with four five-year renewal options.
Where is this drive through restaurant located?
The property is located at 695 Highway 31 Southwest Hartselle, AL.
What is the asking price?
The asking price for this property is $1,521,142.
What are key features of this property?
This property features: Freestanding Captain D’s restaurant with drive‑through; 3,021‑square‑foot building constructed in 2007; Absolute NNN lease with no landlord responsibilities
More about this property
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