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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

15045 Highway 43 Russellville, AL 35653

2,784 SF 1.4 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This fee-simple ownership opportunity presents a 2,784 square foot KFC restaurant in Russellville, Alabama. Located on Hwy 43 (18,100 VPD), this drive-thru equipped property boasts a new 20-year absolute NNN lease with Tasty Chick'n Southeast, a corporate guaranteed tenant. The lease includes four 5-year renewal options with 10% rent increases, ensuring consistent NOI growth. The property sits on a 1.4-acre lot with 16 parking spaces and benefits from a strong retail corridor with national tenants like Dollar General, Walmart, and Tractor Supply. The 5-mile trade area has over 15,000 residents and 5,000 employees, with an average household income of $61,774. Built in 1998, the property has a 6.42% cap rate, $67,647 NOI, and an asking price of $1,054,200 ($378.66/sq ft). The property is zoned for general business use and offers excellent visibility and access. This is a management-free investment opportunity with significant upside potential due to the strong tenant, lease terms, and location. The property's APN is 02 09 29 2 000 058.000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1998
Total area 2,784 SF
Lot 1.4 ac (60,984 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • KFC Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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