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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

12777 Us-80 Pike Road, AL 36064

805 SF 0.3 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple, single-tenant Ellianos Coffee located at 12777 US-80, Pike Road, Alabama 36064. The 805-square-foot QSR/Fast Food property, built in 2023, sits on a 0.3-acre lot and boasts a 100% occupancy rate with a 13.5-year remaining lease term (expiring 05/31/2038). The lease commenced on June 13, 2023, and includes 2% annual rent bumps. The current Net Operating Income (NOI) is $96,000, yielding a 6.75% cap rate. The asking price is $1,420,000. This strategically located property benefits from its adjacency to Interstate 85, a major thoroughfare in Alabama, and proximity to significant residential development (nearly 3,000 housing units) with high average household incomes. Further enhancing its value is the planned development of a hotel, urgent care facility, and two restaurants in the immediate vicinity, promising increased traffic and customer base. The lease includes a 1, 5-year option. This is a triple net (NNN) lease with a franchisee tenant. The property's APN is 08-05-15-0-002-003.002. This presents a compelling opportunity for investors seeking a stable, high-growth investment in a prime location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 805 SF
Lot 0.3 ac (13,068 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
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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