43137 Us-72 Stevenson, AL 35772
- Retail properties
- 3,418 SF
- 1.10 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Candy Store / Costume Store
- Skunk Funk / Clothing Store / Corporate Campus
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 43137 Us-72
- Lot size
- 1.10 lot acres
- Property size
- 3,418 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 3,418-square-foot Burger King restaurant situated on a 1.1-acre lot at 43137 US-72, Stevenson, Alabama 35772. The property is currently operating under a triple-net (NNN) lease, absolving the owner of all landlord responsibilities. The lease, originally commencing October 30, 2018, and expiring October 31, 2038, has a remaining term of 14 years. The current annual net operating income (NOI) stands at $122,330, representing a 6.25% capitalization rate on the asking price of $1,957,284 ($572.64 per square foot). The lease includes a built-in rent increase of 5% every five years, providing consistent growth potential. The tenant, Burger King, is backed by a corporate guarantee, ensuring financial stability. This single-tenant, quick-service restaurant (QSR) investment offers a compelling combination of strong cash flow, a long-term lease, and minimal management requirements. The property's location in Jackson County, Alabama, provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, high-performing Burger King franchise with significant remaining lease term. No renewal options remain.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stevenson
- County
- Jackson
- State
- Alabama
- Longitude
- -85.8117
- Latitude
- 34.8741
