1003 Us-80 Demopolis, AL 36732
- Retail properties
- 3,702 SF
- 1.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1003 Us-80
- Year built
- 2014
- Lot size
- 1.50 lot acres
- Property size
- 3,702 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a 3,702 square foot Burger King restaurant located at 1003 US-80 in Demopolis, Alabama, 36732. The property sits on a 1.5-acre lot and boasts a prime location on a highway with over 33,000 vehicles passing daily, ensuring high visibility and accessibility. Built in 2014, this Class B property is currently operating under a 20-year absolute NNN lease with 14 years remaining, expiring October 31, 2038. The lease commenced October 29, 2018, and includes a 10% rent increase every five years. The current tenant is a franchisee, offering strong financial backing. The property generates a substantial net operating income (NOI) of $85,000, resulting in a 6.25% cap rate. The asking price is $1,360,000. The property's strong performance is further evidenced by a healthy rent-to-sales ratio of approximately 8%, and a 5.5% sales increase in 2023. Additional potential income exists based on 2023 sales exceeding a percentage override threshold. The property's proximity to Whitfield Regional Hospital (a 99-bed facility), Demopolis High School (630 students), and a Walmart Supercenter-anchored shopping center adds to its desirability and long-term value. This is a passive investment opportunity with minimal landlord responsibilities, offering significant potential for future growth and return.
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
- Demopolis
- County
- Marengo
- State
- Alabama
- Longitude
- -87.8252
- Latitude
- 32.5036
