1980 Al-77 Southside, AL 35907

This exceptional investment opportunity presents a 3,502 square foot Burger King restaurant in Southside, Alabama, situated on a 1.53-acre lot. Built in 2018, the property boasts a 14-year net lease (NN+) with Bulldog Restaurants, LLC, a subsidiary of Starboard Group, a significant operator of over 165 restaurants across eight states. The lease commenced August 1st, 2024, and expires September 4th, 2038, with built-in 10% rent increases every five years. The current annual net operating income (NOI) is $96,000, yielding a 6.15% cap rate, and there's significant upside potential due to percentage rent. The property enjoys a prime location on State Route 77, a highly trafficked area with over 20,000 vehicles per day, offering excellent visibility and accessibility. Its proximity to Southside High School provides a substantial built-in customer base. This is a strong, stable investment with a long lease term and significant growth potential. The asking price is $1,561,000. The property is located at 1980 AL-77, Southside, AL 35907, in Etowah County. The location benefits from its proximity to the Coosa River. This is a 1031 exchange eligible property.