1305 Columbus Pkwy Opelika, AL 36804

This exceptional investment opportunity presents a 2,000 square foot Class A, single-tenant, absolute NNN leased QSR property located at 1305 Columbus Pkwy, Opelika, AL 36804. The property, built and renovated in 2022, sits on a 0.77-acre lot and includes 25 parking spaces. The current tenant, a franchisee, operates under a new 15-year lease with 10% rent bumps every five years, ensuring inflation protection. The property boasts a 7.00% cap rate and a strong NOI of $138,000. Situated in a high-traffic area with over 26,700 vehicles passing daily on Columbus Parkway and an additional 77,000 vehicles daily via I-85 billboard visibility, this location benefits from excellent visibility and access. The surrounding area includes numerous national retailers, including McDonald's, Taco Bell, and Burger King, indicating a thriving retail corridor. Strong demographics support this investment, with over 33,000 residents within a 5-mile radius and an average annual household income exceeding $73,000. Furthermore, a projected 10% population growth is expected within a 1-mile radius between 2022 and 2027. The property is an outparcel to a 23-acre parcel slated for future commercial or residential development, further enhancing its long-term value. This fee-simple ownership offers a passive income stream with zero landlord responsibilities, making it an ideal addition to any portfolio. The lease includes two, five-year renewal options.