Technical
Financial
Distress signals
Property profile

1236 Beltline SW Rd Decatur, AL 35601

OFF-MARKET
Turn key restaurants
Property ID
US03-1805929
3,062 SF 0.85 ac lot Built 1992
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a Captain D's Seafood restaurant located at 1236 Beltline Rd SW, Decatur, AL 35601. The property boasts 3,062 square feet on a 0.85-acre lot, featuring 56 parking spaces and excellent visibility on a high-traffic thoroughfare with 37,500 vehicles per day. Built in 1992 and situated in an M-1A Light Industrial zoning area, this single-tenant property benefits from a corporate-guaranteed Absolute NNN lease with a highly reputable national quick-service restaurant (QSR) brand. The lease, commencing June 13, 2003, and expiring August 31, 2035, has approximately 10.8 years remaining, providing significant long-term stability. The lease includes 1.25% annual rent increases throughout the initial term and any option periods. The property generates a strong net operating income (NOI) of $119,920, resulting in an attractive 7.00% cap rate. The asking price is $1,713,000. This offering presents a compelling combination of a well-established tenant, a long-term lease, and a desirable location, making it an ideal addition to any investment portfolio. The property's strong demographics within a 5-mile radius further enhance its investment potential. Zero landlord responsibilities are included with this fee-simple ownership.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1992
Total area 3,062 SF
Lot 0.85 ac (37,214 SF)
APN 02-07-36-4-002-010.001
UPID US03-1805929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1236 Beltline SW Rd Decatur, AL 35601-6202
Decatur metro Census 900 DECATUR, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2016
$1.7M
2016
$4,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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